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New Deal


Announced

Completed

Dragonfly Capital completed the acquisition of MetaStable Capital.

Financials

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

Sources

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Tags

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Acquisition

cryptocurrencies

Majority

Friendly

FinTech

blockchain

United States

Private Equity

Private

Completed

Domestic

Single Bidder

Synopsis

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Dragonfly Capital, a crypto venture company, completed the acquisition of MetaStable Capital, a cryptocurrency asset hedge fund. Financial terms were not disclosed. “The bear market has caused a lot of traditional funds and crossover funds to exit the crypto market. We’re the opposite: we’re going deeper, and committing to our crypto-native roots.” Haseeb Qureshi, Dragonfly Managing Partner.

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