NFT companies were a big M&A target during first half of the year
The Block20 of the 53 NFT and GameFi M&A deals since 2013 occurred in the first two quarters of 2022.
A record high number of 12 deals in these spaces took place in 2022’s second quarter, despite the NFT market cool down. Companies operating in the non-fungible token market are seeing their presence in crypto deal-making increase, according to data compiled by The Block. Around 38% of merger and acquisitions among non-fungible token and so-called game finance companies occurred over the past two quarters.published by John Dantoni from The Block Research found. The first and second quarters of 2022 saw eight and twelve deals respectively. These 20 deals making it the largest uptick in M&A deals in these industries ever.
The record twelve deals in the second quarter of 2022 occurred during an NFT market cool down, in which
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NFT Ticketing Shows How the NFT Industry Is EvolvingNFT ticketing is in for a consumer perception overhaul, what with stalwart Ticketmaster and upstarts like Yellowheart harvesting its mega-utility
Read more »
National Ice Cream Day 2022 is Sunday: Get ready to snag some sweet dealsIn case you needed an excuse to indulge — National Ice Cream Day is here.
Read more »
U.S. video game sales down 10% in the first half of 2022Tracking firm Sensor Tower says spending on mobile games was down 10.7% in June, compared to the same month a year ago.
Read more »
Fantasy Football TE Superlatives 2022Who's the most overrated fantasy TE? Best value? Late-round steal to target? ZachCohenFB breaks down JaimeEisner's fantasy football TE rankings and assigns some superlatives. FrontOffice33 | FantasyFootball
Read more »
Julia Roberts to Receive Icon Award at 2022 Academy Museum GalaThe iconic actress will be honored with the award at the second annual ceremony on Oct. 15.
Read more »
San Diego Comic-Con 2022: all the best panels, trailers, and news to watch out forEveryone’s going to be heading to Hall H as San Diego Comic-Con returns.
Read more »