In the rubble-strewn land of virtual currencies, cash is king.
A blowout in the cryptocurrency market sparked a wave of layoffs, punished valuations and drove some companies to bankruptcy. Now firms that still have capital are gearing up for a shopping spree.
“This is a very ripe scenario for some M&A,” said Jalak Jobanputra, the founder and...
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https://www.fnlondon.com/articles/crypto-deals-buyouts-valuations-20220711
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