Shares of NCPL surged more than 16% on the news of the Mixie acquisition and are up 48% year-to-date.
Netcapital, a financial technology company listed on the Nasdaq stock exchange, has acquired crypto-native protocol Mixie in a deal that has been described as a bridge between traditional and decentralized finance.
Mixie, a no-code Web3 gaming platform, was acquired by Netcapital’s portfolio company, Zelgor, for an undisclosed amount, the company told Cointelegraph on Monday.
A spokesperson said it was the first time a publicly-listed company has acquired a crypto-native protocol specifically to expand the blockchain industry.
