Ondo Finance Evaluates Up To $500 Million Wealthtech Acquisition
businessmergers-acquisitionsrumorscrypto 2 posts · 2 accounts
Ondo Finance is evaluating a potential acquisition of a wealthtech business with a transaction value between $250 million and $500 million, according to a report by CoinDesk.
The firm highlighted wealth management companies as potential targets. A company representative told the news outlet that Ondo is not currently in talks with any party and did not identify specific acquisition candidates.
From the sources (2 posts)
@coindeskSCOOP: Tokenized asset specialist @Ondo Finance evaluates a potential acquisition of between $250 million and $500 million, according to a source. @willcanny99 reports.
@msbintelBREAKING: Ondo Finance is reportedly weighing up to a $500M acquisition, with wealthtech among potential targets, per CoinDesk. Ondo says it is not currently in talks with any party.