Crypto Firms Consolidate Amid Push For Legitimacy

Posted by Alex Kimani

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Despite an environment rife with economic and political instability, global M&A value in 2018 reached near-record levels as markets remained unhampered by the heightened geopolitical risk. The cryptocurrency space was not nearly as rampant, yet the industry still managed to record a decent amount of consolidation as companies looked to beef up their platforms through the acquisition of like-minded entities.

But now another trend is emerging: crypto companies are using ‘backdoor listings’ to ease into…Click here for full article