Solstice Labs Acquires Bridgetower Capital Assets to Launch Solstice Staking AG
December 11, 2024
Deus X Capital-backed Solstice Labs has acquired the assets of Switzerland-based Bridgetower Capital GmbH and launched Solstice Staking AG, a Swiss public limited company based in Zug. The acquisition brings Bridgetower's on-premises, banking-grade institutional staking infrastructure and partnerships (including Lido and Cordial Systems) under Solstice's control, with over $1 billion of ETH allocated for staking via Lido.
- Buyers
- Solstice Labs, Deus X Capital
- Targets
- Bridgetower Capital GmbH
- Sellers
- Bridgetower Capital GmbH
- Platforms
- Solstice Staking AG
- Industry
- Financial Services
- Location
- Zug, Switzerland
- Transaction Type
- Buyout
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