Gone Crypto: From Accountant to Electrician to Co-Founder of ...
In an attempt to take what she built with Strix Leviathan and make it accessible to the broader market, Sadie Raney co-founded Makara Digital.
blockworks.coHere’s a quick update on Makara, based on the most recent publicly available reporting:
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Makara as a company has appeared in different contexts over the years, including as a SPAC-related entity in 2023 that withdrew an IPO plan, and as a crypto investing platform that was acquired by Betterment in 2025. The SPAC activity in 2023 involved Makara Strategic Acquisition and related withdrawal of an IPO plan. More recently, in 2025, Makara was reported as being acquired by Betterment, with plans to integrate Makara’s crypto investing capabilities into Betterment’s platform. For historical context, initial acquisition announcements from early 2022 described Betterment’s intention to acquire Makara to offer crypto portfolios through Betterment’s interface.[1][2][3]
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If you’re looking for the very latest developments (as of May 2026 or beyond), I’d need to pull current news sources. From prior reports, the notable recent events were:
- 2023: Makara Strategic Acquisition withdraws its $250 million IPO plan (SPAC route).[1]
- 2025: Makara acquired by Betterment; crypto investing offerings planned to be integrated into Betterment’s platform.[2]
- 2022: Initial acquisition announcement of Makara by Betterment, with closing expected later that quarter.[3]
Would you like me to fetch the newest articles from reliable outlets to confirm the present status and any new milestones after 2025? If you have a preferred region or language, I can tailor the search as well. Also, for Prague-based context, if you’re tracking Makara in relation to European markets or regulatory developments, I can organize a brief briefing with region-specific angles.