Travala.com in Talks for Potential Acquisition
- Travala.com received an unsolicited takeover approach late last year.
- The company is valued at over $100 million, with more than $100 million in revenue last year.
- Binance, a large minority holder, has a seat on Travala’s board and will influence any deal.
- Travala allows payments in over 100 cryptocurrencies and offers loyalty rewards through its AVA token.
- The AVA token has a market cap of $47 million but has lost 40% this year.
Travala.com, backed by Binance, is exploring acquisition opportunities after receiving an unsolicited offer. The company’s valuation exceeds $100 million, with significant revenue growth expected. Talks continue with potential buyers.
Source (2.6)https://www.coindesk.com/business/2025/01/14/travala-crypto-native-travel-website-said-to-receive-unsolicited-takeover-approach?rand=52298
