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Golden Matrix Group Inc. completes acquisition of MeridianBet Group to expand global footprint and increase revenues

PUBLIC · MRDNApr 09, 2024

Acquiring Company

Meridian

Acquired Company

MeridianBet Group

Las VegasSoftwareMedia And EntertainmentReal EstateGamingGamingSports

Description

Golden Matrix Group Inc., a developer, licensor, and global operator of online gaming and eCommerce platforms, has finalized the acquisition of the MeridianBet Group. This strategic move significantly expands Golden Matrix's global presence and is expected to result in substantial revenue growth and profitability.

Quick answer

Meridian is acquiring MeridianBet Group, announced April 9, 2024. Meridian is based in Las Vegas, Nevada, United States.

How much did Meridian pay for MeridianBet Group?
The deal value was not disclosed.
What does Meridian do?
Meridian is a decentralized liquidity marketplace and liquid staking protocol natively built on Movement, enabling users to seamlessly trade and earn with their assets.
Where are Meridian and MeridianBet Group based?
Meridian is based in Las Vegas, Nevada, United States.
Who are the decision-makers at Meridian?
Fundz holds 2 contacts at Meridian. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Meridian

Location

3651 Lindell Road

Las Vegas, Nevada, United States

About

Meridian is a decentralized liquidity marketplace and liquid staking protocol natively built on Movement, enabling users to seamlessly trade and earn with their assets. By providing a secure and efficient platform for DeFi activities, Meridian aims to become the cornerstone of the Move-based financial ecosystem. The protocol is designed to enhance liquidity and yield opportunities, showcasing the advantages of Move-based smart contracts. Meridian positions itself as a central hub for liquidity and yield within the Movement ecosystem.

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Frequently asked

Who acquired MeridianBet Group?

MeridianBet Group was acquired by Meridian, based in Las Vegas. The deal was reported on April 9, 2024. Meridian is a decentralized liquidity marketplace and liquid staking protocol natively built on Movement, enabling users to seamlessly trade and earn with their assets. Meridian is publicly traded (MRDN) and operates in Software.

When did Meridian acquire MeridianBet Group?

Meridian's acquisition of MeridianBet Group was reported on April 9, 2024. Golden Matrix Group Inc., a developer, licensor, and global operator of online gaming and eCommerce platforms, has finalized the acquisition of the MeridianBet Group. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MeridianBet Group do?

The MeridianBet Group is a well-established online sports betting and gaming group, licensed and currently operating in 15 jurisdictions across Europe, Africa, and South America. It is privately held, operating in Gaming.

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