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Quick hits list of crypto M&A
@Felipether rightly points out that there hasn't been much involving tokens...
...but at least some bubbling around the idea of hostile chain takeovers/more activist strategies. Some links below 👇
@Felipether rightly points out that there hasn't been much involving tokens...
...but at least some bubbling around the idea of hostile chain takeovers/more activist strategies. Some links below 👇
In this piece from last year, @andy_bromberg wrote a theoretical multistep plan for how a crypto hostile takeover could be executed medium.com/@andy_bromberg…
A couple weeks ago, @danprimack wrote about a plan to put something similar into action around XRP
+raise $$$ to short the price down
+fork
+force capital flight
Moving from theoretical to something with more intention.. axios.com/newsletters/ax…
+raise $$$ to short the price down
+fork
+force capital flight
Moving from theoretical to something with more intention.. axios.com/newsletters/ax…
It doesn't seem crazy that a new crop of activist funds emerge to take advantage of a very different market.
Then again, there are countervailing forces: 1) high risk of failure; 2) low value of susceptible chains to start with; 3) risk of driving val to 0.
Interesting stuff.
Then again, there are countervailing forces: 1) high risk of failure; 2) low value of susceptible chains to start with; 3) risk of driving val to 0.
Interesting stuff.
