Travala, Crypto-Native Travel Website, Said to Receive Unsolicited Takeover Approach

Description

Travala.com , the holiday website that allows users to pay with cryptocurrency, is in talks with potential buyers after receiving an unsolicited takeover approach late last year, according to two people with knowledge of the matter. The Binance-backed company received an inquiry, triggering outreach by Travala's advisers to major online travel agencies such as Booking.com, one of the world's largest online travel companies Booking.com "kicked the tires" before deciding to pass on a potential acq...