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Gnosis Acquires HQ.xyz in $14.95M Strategic Deal Amid $73.2M Weekly Crypto Funding Surge
Gnosis Acquires HQ.xyz in $14.95M Strategic Deal Amid $73.2M Weekly Crypto Funding Surge
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German Web3 infrastructure firm Gnosis has acquired Singapore-based on-chain business account platform HQ.xyz in a deal worth up to $14.95 million, marking the largest transaction in a week that saw $73.2 million flow into crypto ventures. The acquisition, funded partially through GnosisDAO’s treasury, underscores growing institutional interest in blockchain infrastructure.
Venture capital activity remained robust across DeFi, gaming, and ecosystem projects, with Perpl securing $9.25 million in additional funding. The deals reflect sustained confidence in crypto’s infrastructure LAYER despite macroeconomic headwinds.
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