Tech Company M&A Transactions
Tagomi Systems Acquisition
Tagomi Systems was acquired by Coinbase. The acquisition became public on 5/28/2020. The parties did not disclose the acquisition terms for the deal.
Transaction Overview
Company Name
Acquired By
Announced On
5/28/2020
Transaction Type
M&A
Amount
Unknown
M&A Terms
According to two sources, the deal -- announced Wednesday -- is valued somewhere between $70 million and $100 million. It represents one of Coinbase's biggest acquisitions to date and will help fill out the exchange's institutional business, which covers professional trading services and custody. The acquisition came in the form of an all-stock deal.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
7 World Trade Center 46th Floor
New York, NY 10007
USA
New York, NY 10007
USA
Phone
Email Address
Not Recorded
Overview
Tagomi aims to bring Wall Street electronic-trading expertise to the bitcoin market.
Management Team
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We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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