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New Deal


Announced

Completed

LDA Capital completed a $100m investment in Rubix.

Financials

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Transaction Value£82m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Single Bidder

decentralized finance

Private Equity

Singapore

cryptocurrencies

blockchain

Minority

Payments / Commerce

Acquisition

Cross Border

Private

Friendly

Synopsis

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LDA Capital, a private equity firm, completed a $100m investment in Rubix, a company which provides blockchain solutions. “We’re thrilled with this partnership and are so glad that LDA Capital recognizes the value of the blockchain for building community and expanding innovation as the web evolves. Rubix is, first and foremost, a community; this investment will allow us to grow that community and expand our green blockchain as a shared platform upon which partners can build any number of solutions. Our unique architecture makes Web 3 and even Web 5 accessible and attainable for anyone leaning into decentralization,” KC Reddy, Rubix Founder & Chief Architect.

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