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Mercer Park acquires Cube Group in $300M deal
Yahoo Finance·2025-10-23 03:04

Mercer Park Opportunities Corp. (TSX: SPAC.U), a Cayman Islands-based special purpose acquisition company, has announced the acquisition of hybrid exchange developer Cube Group, Inc., valuing the deal at 300million.Themergerisexpectedtocreateapubliclylisteddigitalfinancefirmcombiningtraditionalfinance(TradFi)anddecentralizedfinance(DeFi),supportedbya300 million. The merger is expected to create a publicly listed digital finance firm combining traditional finance (TradFi) and decentralized finance (DeFi), supported by a 500 million Solana (SOL) token acquisition to strengthen liquidity and staking yield potential. Upon completion, the combined enti ...