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…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.