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NFT Investments PLC mulling over £96m acquisition of Pluto Digital By Cointelegraph



NFT Investments PLC cherishes £96 million acquisition of Pluto Digital

On Friday, NFT Investments PLC, a UK-based blockchain company that invests in companies operating in the non-edible token, or NFT, space, announced that it will no longer pursue the £96m acquisition of Pluto Digital. While not directly stating the reason for the cancellation of the deal, NFT Investments wrote:

Back in January, NFT Investments signed a non-binding letter of intent to acquire Pluto Digital, the company that builds infrastructure in the field of decentralized finance, or DeFi, through a share issue. new NFT coupon. From November of last year to March of this year, the blockchain industry witnessed bear market lasts a monthleaving the total market capitalization of digital tokens 40% below their all-time high.