A financial technology company Netcapital listed on the NASDAQ Stock Exchange has acquired a crypto-country protocol mixi in a deal that is described as a bridge between traditional and decentralized finance.
The company acquired a No-Code Web 3 Gaming Platform Mixi by the Portfolio Company of Natkapital, Zelgor for an unknown amount, the company on Monday told Coinlagraph.
A spokesperson said this was the first time a publicly listed company has acquired a crypto-root protocol to expand the blockchain industry.
Boston, headquarters at Massachusetts, Natakapital operates a digital capital markets platform that helps private companies to raise capital, while providing investors access to private equity opportunities. Its funding is registered with platform, Natcapital Funding Portal, US Securities and Exchange Commission (SEC).
According to Yahoo Finance data, the company, which trades under the tick NCPL, became public in September 2017. Stocks are considered a nano-cap with total market capitalization of about $ 6.8 million with total market capitalization.
Netcapital stated that it was specially designed for the mixing infrastructure and accelerator models that support the beginning stage founders. The company stated that the acquisition was postponed to increase the synergy between the mixie’s tokenification capabilities and Natakapital’s browser-based security offer. “
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On Crypto M&A activity increase
2025 Crypto is taking shape as a busy year for merger and acquisition, indicating a broad wave of consolidation as the industry mature.
M&A deals reached another record high in the first quarter, highlighted by Crypto Exchange Crackon’s $ 1.5 billion acquisitionAccording to architect partners.
The research company counted six transactions worth $ 100 million or more in the first quarter.
M&A activity ramps in the second quarter Coinbase $ 2.9 billion dolings To acquire Crypto derivatives exchange deribit, and Paying $ 1.5 billion Prime Brokerage for Hidden Road.
The M&A Weave was expected to continue this year, inspired by the possibility of a more favorable regulatory situations and a decline in financing costs in the United States.
Dan Novas, CEO of earnings, told cointelegraph that There will be a possibility of consolidationAs the industry remains congested and overtocated.
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