Novogratz's Galaxy Terminates $1.2B BitGo Acquisition

The transcript discusses the challenges faced in a deal involving Novogratz, focusing on valuation issues and market sentiments post-Luna fiasco. It highlights the impact on VC space, real estate market, and investment banks. The discussion also covers the integration of crypto payments with social media platforms like Reddit and Twitter, emphasizing the growing trend of Web 2 adoption in fintech.

What factors contributed to the delay in closing the deal mentioned in the text?

Analyze the potential future of deal-making in the crypto space based on the sentiments expressed in the text.

What role do investment banks play in the current market restructuring according to the text?

How has the Luna fiasco impacted investor confidence and valuations in the market?

Discuss the implications of social media platforms partnering with crypto companies as mentioned in the text.