Forkast Labs will be formed by the merger of data tracker CryptoSlam and Forkast.News, which will provide news as well as tools for investors to track digital assets. The deal, the terms of which were not disclosed, is the latest collaboration in an industry that is struggling to find funding after the collapse of FTX frightened investors. According to a company release issued Tuesday, Forkast.News founder Angie Lau, a former Bloomberg TV anchor, and CryptoSlam creator Randy Wasinger will share chief executive officer duties for the newly combined entity. Yat Siu, founder of Animoca Brands Corp., assisted in the merger of two startups backed by his company, with the goal of creating a data and news service as the troubled cryptocurrency industry consolidates.
