Netcapital, a fintech company listed on Nasdaq, has announced the acquisition of Mixie, a no-code Web3 gaming platform designed for tokenized game creation. The deal was made through Zelgor, a company in Netcapital’s investment portfolio, though the purchase amount remains undisclosed.
Mixie’s platform enables users to build and customize blockchain-based games without technical skills, incorporating Web3 elements like token ownership and rewards. Netcapital stated that this acquisition aligns with its broader goal of merging traditional finance tools with decentralized ecosystems.
Following the announcement, Netcapital’s stock surged by over 16%, reflecting investor enthusiasm. The company’s shares are now up more than 48% year to date, signaling strong market confidence in its strategic direction.
Mixie’s unique approach focuses on empowering communities and game developers through a token-based framework and growth accelerator tools. Netcapital emphasized that the merger would help expand its reach in blockchain-based financial services.
The deal comes amid a wave of crypto-focused mergers and acquisitions in 2024, with market consolidation intensifying as regulatory clarity improves and investor appetite for digital assets rebounds.
