According to TechFlow, on July 19, according to CoinDesk, the crypto company Galaxy Digital announced the acquisition of almost all Ethereum assets of blockchain node operator CryptoManufaktur LLC (CMF). The transaction involved approximately $1 billion in Ethereum assets, increasing Galaxy's pledged Ethereum assets by approximately 43%, bringing its total assets to $3.3 billion.
Thorsten Behrens, founder of CryptoManufaktur, will join Galaxy's blockchain infrastructure team to provide staking and blockchain validator services to qualified investors, protocols and digital asset platforms. Zane Glauber, head of Galaxy's blockchain infrastructure team, said: "Galaxy is rapidly expanding its blockchain infrastructure and staking capabilities, and this acquisition of CMF is an important milestone in strengthening our position as a technology partner for protocols and developers."