Binance to acquire WazirX.

Synopsis

Binance, a cryptocurrency exchange platform, agreed to acquire WazirX, a cryptocurrency exchange app. Financial terms were not disclosed. "The acquisition of WazirX shows our commitment and dedication to the Indian people and strengthen the blockchain ecosystem in India as well as another step forward in achieving the freedom of money,” Changpeng Zhao, Binance CEO.

Principals

target

WAZIRX

bidder

Binance Holdings

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Market Context

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Seller Team (2)

siddharth menon

COO at WAZIRX

Manager

target

Deal

n/a

Total Value

nischal shetty

CEO at WAZIRX

Manager

target

Deal

n/a

Total Value

Bidder Team (2)

wei zhou

CFO at BINANCE HOLDINGS LTD

Manager

bidder

Deals

£ 989 M

Total Value

changpeng zhao

CEO at BINANCE HOLDINGS LTD

Manager

bidder

Deals

£ 1.82 B

Total Value

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