What All This VC and M&A Activity Tells Us About The State Of The Crypto Markets

If venture investments and acquisitions provide a window into the sentiment in markets, boy did we get a big dose of information today. Today we look at investments in the world’s best known developer of the Lightning Network; a new prominent corporate investor for a tokenized securities platform; and Square’s investment in a real-time payments company. We also look at a set of acquisitions, including a ConsenSys acquisition poised to get them in the $3.8T municipal bond space; a Bakkt acquisition poised to get them ready for a consumer app that includes more than just cryptocurrencies; and an attempt by Bakkt-parent ICE to buy eBay for north of $30b.