M&A Deal Summary

Chain Acquires Measurable Data Token

On July 23, 2022, Chain acquired information technology company Measurable Data Token for 100M USD

Acquisition Highlights
  • This is Chain’s 1st transaction in the Information Technology sector.
  • This is Chain’s largest (disclosed) transaction.
  • This is Chain’s 1st transaction in Singapore.

M&A Deal Summary

Date 2022-07-23
Target Measurable Data Token
Sector Information Technology
Buyer(s) Chain
Deal Type Add-on Acquisition
Deal Value 100M USD

Target

Measurable Data Token

Singapore, Singapore
Measurable Data Token (MDT) is a decentralized data exchange economy that connects users, data providers, and data buyers and denominates the value of data. It compensates users for sharing anonymous data points while providing data buyers and providers with a more efficient trading model. MailTime App and its Measurable AI big data service will be the first to adopt the MDT ecosystem. Measurable Data Token was formed in 2017 and is based in Singapore.

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Buyer(S) 1

Buyer

Chain

Charlestown, Saint Kitts and Nevis

Category Company
Founded 2014
Sector Information Technology
DESCRIPTION

Chain builds cryptographic ledger systems to make financial services smarter, more secure, and more connected. Previous customers included market leaders like Visa, Nasdaq, and Citigroup as well as start-ups building novel financial products. Chain was formed in 2014 and is based in Charlestown, Saint Kitts and Nevis.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Singapore M&A 1 of 1
Year: 2022 M&A 1 of 1
Size (of disclosed) 1 of 1