PANews June 10th News: According to Cointelegraph, Netcapital, a Nasdaq-listed fintech company, announced the acquisition of the crypto-native protocol Mixie. The specific amount was not disclosed. Zelgor, a portfolio company under Netcapital, has completed this acquisition. The company stated that this is the first time a listed company has acquired a crypto-native protocol to expand its blockchain business.
Netcapital is headquartered in Boston, Massachusetts, and operates a digital capital market platform to help private companies raise funds while providing private equity opportunities for investors. Its stock code is NCPL and its market capitalization is approximately 6.8 million US dollars. The company stated that it values Mixie’s tokenized infrastructure and accelerator model, and will enhance the synergy between its browser security products and Mixie technology.
Influenced by this news, the share price of Netcapital rose by more than 16%, with a cumulative increase of 48% so far this year.
In 2025, merger and acquisition activities in the crypto industry will become increasingly frequent, indicating that as the industry matures, a wave of consolidation is on the rise. Netcapital’s acquisition of Mixie is regarded as a bridge between traditional finance and decentralized finance, and is expected to bring new opportunities for the development of the blockchain industry.
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