How Crypto Deal Activity Could Pick Up Soon; Gemini and DCG’s Latest Woes — The Information

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The crypto crash of 2022 led several companies to fall and file for bankruptcy. That could lead to more dealmaking in the coming months.

On the venture side, a slew of startup stakes will soon be up for grabs from bankrupt crypto firms Three Arrows Capital and FTX. Akash and I reported on Friday that Three Arrows is gearing up to sell off its venture portfolio, which includes investments in around 40 startups and other projects. FTX could start selling stakes soon after.

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