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New Deal


Announced

Mysten Labs to acquire back preferred stock and certain token warrants from FTX for $96m.

Financials

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Transaction Value£78m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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cryptocurrencies

Acquisition

Domestic

Majority

FinTech

Private

United States

Single Bidder

Pending

Friendly

Synopsis

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Mysten Labs, a crypto and blockchain infrastructure technology company, agreed to acquire back preferred stock and certain token warrants from FTX, a bankrupt company that formerly operated a cryptocurrency exchange and crypto hedge fund, for $96m.

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