Crypto staking firm Figment eyes $100m to $200m acquisition deals with ‘smaller providers’
Crypto staking company, Figment, claims it is on the hunt for acquisition targets in the blockchain and crypto sector. It is currently eyeing $100 million to $200 million deals as crypto mergers spike.
According to a recent Bloomberg report, the crypto staking firm is targeting crypto-focused projects that hold a strong regional presence, preferably in Asia or South America. Additionally, the company is also interested in projects that have managed to establish a “dominant” position in major blockchain such as Cosmos (ATOM) or Solana (SOL).
At the moment, the company’s acquisition budget ranges somewhere between $100 million and $200 million. The Canada-based company currently has around 150 employees and…
