Deal Wrap: Pollen Street bids for Mattioli Woods; Binance Labs invests in UXUY

Deal Wrap is updated as of 3 p.m. ET.

– Pollen Street Capital Ltd. made a cash offer to take Mattioli Woods PLC private. Completion of the offer, which values Mattioli Woods at approximately £432 million, is subject to regulatory approval.

– Binance Holdings Ltd.'s venture capital arm and incubator, Binance Labs, invested in UXUY Protocol, a decentralized multichain trading platform. The investment was part of Binance Labs' two-month incubation program that started in December 2023.

– Dynelectro ApS, a developer of electrolysis technology for low-cost renewable hydrogen, secured investment from Yara International ASA's venture capital arm, Yara Growth Ventures AS.

– Decentralized social networking platform DeBox, which is behind the DeSwap token swap solution, received funding from OKX Ventures.

For more private equity deals, read our latest In Play report, which looks at potential private equity-backed M&A, including rumored transactions, each week.