M&A Deal Summary |
|
|---|---|
| Date | 2022-12-28 |
| Target | Argo Blockchain s Helios Facility |
| Sector | Utilities |
| Buyer(s) | Galaxy Digital |
| Sellers(s) | Argo Blockchain |
| Deal Type | Divestiture |
| Deal Value | 65M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2018 |
| Sector | Information Technology |
| Employees | 434 |
Galaxy Digital is a diversified financial services firm dedicated to the digital asset, cryptocurrency, and blockchain technology industry. Galaxy Digital operates four synergistic business lines: trading (arbitrage, macro, market making/OTC), asset management (passive and active strategies, including venture capital), principal investing, and investment banking services (capital markets and M&A). Galaxy Digital was founded in 2018 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Utilities M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 2 |
| Year: 2022 M&A | 2 of 2 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-02 |
GK8
Tel-Aviv, Israel GK8 is an institutional digital asset self-custody platform that offers both traditional and crypto-native institutions an end-to-end platform for managing blockchain-based assets. The Company developed Cold Vault that enables its clients to create, sign, and send secure blockchain transactions without internet connectivity, eliminating all cyber attack vectors paired with a patented MPC for automatic transactions. The platform facilitates custody, staking, DeFi, NFT support, tokenization, trading, and more. Chosen by Mastercard to help it define the future of blockchain finance and payments, GK8 serves clients managing billions worth of digital assets, including social investing network eToro, Securrency, a blockchain fintech company backed by State Street, U.S. Bank, WisdomTree, and Abu Dhabi Catalyst Partners, Tezos Foundation, and Prosegur. GK8 is based in Tel-Aviv, Israel. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-11-05 |
Ripple
San Francisco, California, United States Ripple provides blockchain-based financial technology solutions for global payments, digital asset custody, and tokenization. The Company’s products enable financial institutions, payment providers, and digital banks to facilitate cross-border transactions, manage digital assets, and integrate stablecoin and liquidity management tools into their operations. Ripple was founded in 2012 and is headquartered in San Francisco, California. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2017 |
| Sector | Information Technology |
| Employees | 25 |
| Revenue | 49M GBP (2024) |
Argo Blockchain is a blockchain technology company focused on large-scale Bitcoin mining. With sustainability as its top priority, Argo champions the use of renewable sources of power to support the growth and development of blockchain technologies. Argo also participates in several Web 3.0, DeFi, and GameFi projects through its Argo Labs division, further contributing to the development of the cryptocurrency markets. Argo Blockchain was formed in 2017 and is based in London, England.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Utilities M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
