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New Deal


Announced

Completed

QuickNode completed the acquisition of Icy.Tools from Icy Labs for $20m.

Financials

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Transaction Value£16m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Private

NFT analytics

FinTech

NFT

Acquisition

United States

Single Bidder

blockchain

Completed

Friendly

Domestic

Synopsis

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QuickNode, a provider of application programming interface, completed the acquisition of Icy.Tools, an NFT analystics platform, from Icy Labs, a blockchain data analytics company, for $20m. "At the start of Icy, we had to build our own NFT infrastructure to power our product. The more we built, the more we understood the barriers that existed for other developers and launched our NFT API. Coming off our first call with the QuickNode founders, we were thrilled with how closely our long term vision and culture aligned. Our whole team is very excited to join the QuickNode team," Blake Owens, icy.tools co-founder.

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