Wednesday, December 1, 2021

Crypto.com says it plans to acquire the North American Derivatives Exchange (Nadex) and a ~40% stake in Small Exchange from IG Group for $216M in cash (Joanna Ossinger/Bloomberg)

Joanna Ossinger / Bloomberg:
Crypto.com says it plans to acquire the North American Derivatives Exchange (Nadex) and a ~40% stake in Small Exchange from IG Group for $216M in cash  —  - Small Exchange is backed by Citadel, Peak6, Jump Capital  — Cash deal is expected to be completed in first half of 2022



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...