
Green Dot Corp (GDOT) was acquired, as predicted six weeks prior. The acquisition involves a two-part deal: Smith Ventures will acquire and privatize GDOT's non-bank assets, while CommerceOne will acquire Green Dot Bank and form a publicly traded bank holding company. This follows Dimensional Fund Advisors LP filing a 13G for GDOT, indicating a 5.0% beneficial ownership, which was a key signal for the acquisition thesis.

By beaniemaxi
Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.