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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 $300 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 ...