It was back to a quiet week in M&A with two deals announced.
It was back to a quiet week in M&A with two deals announced. Orthogonal Thinker & Pluto 11.11 acquired Web3 Ventures, an investment company focusing on incubating, accelerating, and developing projects in the web3 ecosystem for $1.5M.
In the second deal, Bitget acquired a majority stake in BitKeep, the developer of a decentralized, multi-chain, non-custodial digital wallet. In this infrastructure deal, the $30M investment brought Bitget’s ownership to over 50%, with a post-money valuation of $300M.