The Information: How the Crypto Boom changed the Mindset of Investors > Quote

News  |  February 8, 2019

“Meanwhile, the drop in valuations has made some cashed-up companies think more about acquisitions”, according to Ben Boissevain, an investment banker at Ascento Capital. Kraken, one of the more successful U.S.-based exchanges, said this week it was on the cusp of raising a $100 million “war chest” that it will put largely toward M&A.

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