- Binance’s acquisition of crypto data site CoinMarketCap is one of the biggest deals in the ecosystem to date
- It’s a notable deal given that it comes amid a global freeze in mergers and acquisitions
- The Block’s reporting indicates that it was mostly an equity deal rather than a cash deal – a path that is easier to clinch in a down market since one doesn’t need to take large sums off their balance sheet or borrow.
This feature story is available to
subscribers of The Block Daily.
You can continue reading
this Daily feature on The Block.
Binance inks CoinMarketCap acquisition during a global dealmaking freeze written by Frank Chaparro @ https://www.theblockcrypto.com/daily/60492/binance-inks-coinmarketcap-acquisition-during-a-global-dealmaking-freeze?utm_source=rss&utm_medium=rss April 1, 2020 Frank Chaparro