What All These VC Deals and Acquisitions Say About the State of the Crypto Markets
Three funding announcements and three M&A deals give us a window into understanding what investors in the crypto space are most interested in.
If venture investments and acquisitions provide a window into the sentiment in markets, boy, did we get a big dose of information today.
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Today we look at investments in the world’s best-known developer of the Lightning Network, a new prominent corporate investor for a tokenized securities platform and Square’s investment in a real-time payments company.
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We also look at a set of acquisitions, including a ConsenSys acquisition poised to get the company in the $3.8 trillion municipal bond space, a Bakkt acquisition poised to get it ready for a consumer app that includes more than just cryptocurrencies and an attempt by Bakkt-parent ICE to buy eBay for north of $30 billion.
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