Transaction · Crypto / Digital Assets · 2022

Blockchain Coinvestors Acquisition Corp. I / Qenta 2022

Blockchain Coinvestors Acquisition Corp. I acquired Qenta on November 10, 2022.

Target
Qenta
Acquirer
Blockchain Coinvestors Acquisition Corp. I
Announced
November 10, 2022
Sub-sector
Crypto / Digital Assets

Transaction overview

  • Blockchain Coinvestors Acquisition Corp. I announced the acquisition of Qenta on November 10, 2022.
  • The deal is expected to close pending customary conditions.

Strategic rationale

SPAC merger to take fintech asset digitization platform public on Nasdaq.

Deal terms & multiples

Deal value
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
November 10, 2022

Frequently asked questions

When did Blockchain Coinvestors Acquisition Corp. I announce the acquisition of Qenta?

Blockchain Coinvestors Acquisition Corp. I announced the acquisition of Qenta on November 10, 2022.

What sub-sector is Qenta in?

Qenta is tracked in the Crypto / Digital Assets sub-sector.

Sources

  • prnewswire.com /news-releases/fintech-platform-qenta-inc-to-list-on-nasdaq-through-merger-with-blockchain-coinvestors-acquisition-corp-i-301674134.html