Announced
Financials
Sources
Tags
Single Bidder
FinTech
e-commerce solutions
Private
United States
Majority
Pending
financial technology
Acquisition
Domestic
Friendly
Synopsis
Cryptyde, a blockchain technology company focused on consumer adoption of smart contract technologies, agreed to acquire Forever 8 Fund, an e-commerce fintech company, for $93m. "Forever 8 fills a crucial need for anyone selling products on the internet. They have proven there is a demand for their financing model with impressive growth over the past 18 months. This is a phenomenal opportunity for us as Cryptyde begins to develop and deploy its core suite of products that will help power the future of Web3," Brian McFadden, Cryptyde President and CEO.
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