Galaxy Digital called off its $1.2bn purchase of BitFury-backed crypto wallet developer BitGo while SK Group helped nuclear technology developer TerraPower raise $750m.
M&A
Diversified holding company Kadi Group has exited United Arab Emirates-based online second-hand goods marketplace Melltoo in an acquisition of undisclosed size by reverse logistics provider Cartlow. Kadi subsisidary Khwarizmi Ventures was among Melltoo’s investors, as was Raed Ventures, the venture capital arm of investment holding company Almajdouie.
Digital investment manager Galaxy Digital has withdrawn from the $1.2bn acquisition of US-headquartered cryptocurrency wallet developer BitGo originally agreed in May 2021. The terms of the cash-and-stock deal, which would…
