<p><strong>Quick Takes</strong></p> <ul> <li>Binance&#8217;s acquisition of crypto data site CoinMarketCap is one of the biggest deals in the ecosystem to date</li> <li>It&#8217;s a notable deal given that it comes amid a global freeze in mergers and acquisitions </li> <li>The Block&#8217;s reporting indicates that it was mostly an equity deal rather than a cash deal – a path that is easier to clinch in a down market since one doesn&#8217;t need to take large sums off their balance sheet or borrow.</li> </ul>