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Announced

10 Jul 2025

Completed

10 Jul 2025

Adrianna Ventures completed the merger with xTAO in a $22.8m deal.

Synopsis

Adrianna Ventures, a Canadian entity listed on the TSX Venture Exchange, completed the merger with xTAO, a technology company building infrastructure for the Bittensor ecosystem in a $22.8m deal.

Principals

target

XTAO

bidder

Adrianna Ventures

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Market Context

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Seller Team (6)

jeff durno

Partner at Cassels Brock & Blackwell

Lawyer

target

Deals

£ 451 M

Total Value

david gardos

Partner at Cassels Brock & Blackwell

Lawyer

target

Deals

£ 1.40 B

Total Value

tera li parizeau

Partner at Cassels Brock & Blackwell

Lawyer

target

Deals

£ 23.05 B

Total Value

karia samaroo

Founder and CEO at XTAO

Manager

target

Deal

£ 17 M

Total Value

danielle karlin

‎Associate at Cassels Brock & Blackwell

Lawyer

target

Deals

£ 1.54 B

Total Value

courtney wong

‎Associate at Cassels Brock & Blackwell

Lawyer

target

Deals

£ 4.38 B

Total Value

Bidder Team (1)

scott ackerman

CEO at ADRIANNA VENTURES

Manager

bidder

Deal

£ 17 M

Total Value

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