Block.one's blockchain technology spinoff is joining forces with publicly listed Far Peak Acquisition Corporation at a $9bn valauation.
Bullish, a US-based digital asset services provider backed by blockchain software provider Block.one, has agreed a reverse merger with special purpose acquisition company Far Peak Acquisition Corporation.
The deal will give Bullish the listing on New York Stock Exchange taken by Far Peak through a $550m initial public offering in December 2020.
EFM Asset Management is anchoring a $300m private investment in public equity deal supporting the transaction that includes funds and accounts managed by BlackRock in addition to…