SoftBank’s reported interest in acquiring ETH spinout Gravis signals a deeper push into blockchain infrastructure
Executive summary: Reports indicate SoftBank is considering an acquisition of Gravis, an Ethereum blockchain spinout from ETH Zurich. The deal would deepen SoftBank's involvement in the crypto infrastructure sector and could affect Gravis' growth trajectory and market valuation.
Who is involved: SoftBank Group Corp., Gravis (ETH Zurich spinout), and potentially advisors and regulators.
Likely next: If talks progress, a formal bid may be submitted, triggering due diligence and regulatory review.
Reports from Sifted indicate that SoftBank is evaluating a bid for Gravis, an Ethereum‑focused spinout of ETH Zurich. The move would expand SoftBank’s portfolio beyond its traditional telecom and tech investments into blockchain infrastructure. No formal offer has been disclosed, and the size or terms of any potential deal remain unknown.
Timeline
- — Softbank eyeing acquisition of ETH spinout Gravis, reports suggest (Sifted — EU startups)
- — Bitcoin and ethereum prices today, Thursday, July 23: Prices mixed as analysts debate crypto bottom (Yahoo Finance)
- — Bitcoin and ethereum prices today, Wednesday, July 22, 2026: Both cryptos open higher before losing steam (Yahoo Finance)
Analysis — what this means
Sectors affected
- crypto/blockchain
- venture capital
- M&A
Historical parallels
- SoftBank’s acquisition of ARM Holdings in 2016
Key entities
Sources
- Softbank eyeing acquisition of ETH spinout Gravis, reports suggest — Sifted — EU startups
- Bitcoin and ethereum prices today, Thursday, July 23: Prices mixed as analysts debate crypto bottom — Yahoo Finance
- Bitcoin and ethereum prices today, Wednesday, July 22, 2026: Both cryptos open higher before losing steam — Yahoo Finance
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