Cryptyde Completes Acquisition of Forever 8

  • Blockchain
  • 04.10.2022 12:55 pm

Cryptyde, Inc. today announced that it has successfully closed the acquisition of Forever 8 Fund, LLC, an e-commerce fintech company (“Forever 8”). The acquisition lays the foundation for Cryptyde’s fintech portfolio and positions Cryptyde to generate revenue from the F8 acquisition, beginning in Q4 of 2022

“We are pleased to have closed this pivotal acquisition of Forever 8, which will not only add revenue, it also positions Cryptyde as a future leader in the financial technology space,” said Brian McFadden, CEO of Cryptyde. “We believe we have a unique offering within the fintech universe, with Forever 8 providing an opportunity to combine machine learning technology with the blockchain to better improve and streamline multiple industries. We are excited for the future ahead and welcome the Forever 8 team to our Cryptyde team, as we scale the business” added McFadden.

“I am excited to be a part of the Cryptyde team and am confident in its ability to incorporate Forever 8 into Cryptyde’s expanding ecosystem of disruptive technology,” said Forever 8 Co-Founder, Paul Vassilakos.

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