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DeFi Technologies Inc., a leader in the integration of traditional capital markets with decentralized finance, announced its acquisition of Reflexivity Research LLC, a top-tier private research firm co-founded by Anthony Pompliano and Will Clemente. Reflexivity is renowned for its high-quality, crypto-native research aimed at traditional finance investors, offering unique Bitcoin analysis and serving notable clients like eToro, Solana, and Avalanche. The firm successfully distributes its research through a homepage, a premium membership portal, and an extensive email list of over 55,000 investors, generating positive cash flow. Reflexivity also boasts a broad third-party distribution network through partnerships with platforms like TradingView and eToro.
The acquisition, marking DeFi Technologies' first venture into the research domain, underscores its commitment to enhancing knowledge in the cryptocurrency sector, thereby strengthening its service offerings. DeFi Technologies acquired all Reflexivity Research securities for 5 million common shares, subject to a 12-month lock-up period, highlighting the transaction's value and the confidence in the joint venture's long-term benefits. No finder fees were involved.
This strategic move allows DeFi Technologies to offer invaluable insights and intelligence, bridging the gap between traditional and decentralized finance. Both companies expressed enthusiasm for the partnership, emphasizing its role in advancing research and providing actionable intelligence to clients in the evolving cryptocurrency market.
Parties
Company
DeFi Technologies Inc.
Company
Reflexivity Research LLC
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
07 February 2024