Figment eyes 100 million USD to 200 million USD acquisitions amid crypto M&A surge

Figment’s CEO, Lorien Gabel, expressed that the company is looking to acquire projects valued between 100 million USD and 200 million USD, particularly those with a strong presence in Asia or South America and within the Cosmos and Solana ecosystems.

The surge in acquisition interest aligns with a broader increase in crypto M&A activities, driven by a more favorable regulatory environment in the U.S. Figment currently manages about 15 billion USD in staked assets and is not planning to raise more capital.

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