M&A Deal Summary

Coinllectibles Acquires Talk+

On October 18, 2021, Coinllectibles acquired software company Talk+ for 37M USD

Acquisition Highlights
  • This is Coinllectibles’ 1st transaction in the Software sector.
  • This is Coinllectibles’ largest (disclosed) transaction.
  • This is Coinllectibles’ 1st transaction in China.

M&A Deal Summary
Date 2021-10-18
Target Talk+
Sector Software
Buyer(s) Coinllectibles
Deal Type Add-on Acquisition
Deal Value 37M USD

Target

Talk+

Hong Kong, China
TALK+ is Hong Kong's first instant messaging app with a cryptocurrency wallet, allowing crypto transactions between users while communicating with each other. The app offers a high level of data protection to its users. It ensures no third party will have access to the conversations exchanged and allows the removal of sent messages even after they have been received on the other end.

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Buyer(S) 1

Buyer

Coinllectibles

Hong Kong, China
Category Company
Sector Information Technology
DESCRIPTION

Coinllectibles redefining how the world thinks about art and collectible ownership in the digital age. Their minted curated Fusion NFTs capture all the rights and independent valuation and ownership of physical arts and collectibles, securely underpinned by smart contracts stored on the blockchain. Coinllectibles Fusion NFTs bridge the physical and virtual dimensions of the arts and collectibles industry, providing a pleasurable, transparent, and frictionless experience to customers from all walks of life.

DEAL STATS #
Overall 2 of 2
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (China) 1 of 1
Year (2021) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-17 Phoenix Waters Productions

London, United Kingdom

Phoenix Waters Productions is a film and TV production company developing stories that engage, entertain, and galvanize audiences across the globe through immersive storytelling which sheds light on prescient issues to enact social change. its aim is to tell high concept, high-quality tales within various genres that challenge the current norm, developing stories that go beyond the limits of imagination as well as tackle subjects close to home, and accomplish goals in a cost-efficient manner. Phoenix Waters Productions is based in London.

Buy HK$35M
Mergr

Product

Company

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