The world’s largest crypto exchange by trading volume acquired a majority stake in GOPAX in February 2023, re-entering a market it had vacated two years previously.
CoinShares Exercises Option to Buy Bitcoin ETF Provider Valkyrie to Add U.S. Arm
CoinShares said the decision is a direct result of the SEC’s approval of the listing of a spot bitcoin ETF.
Bitcoin Miner Marathon Digital to Buy New Mining Sites for $179M
Marathon said the acquisitions will reduce the cost per coin mined by around 30%
Crypto Exchange Bullish Completes Purchase of CoinDesk: WSJ
Bullish, which is run by former NYSE President Tom Farley, bought 100% of CoinDesk from crypto-focused venture capital firm DCG in an all-cash deal.
CoinShares Secures Option to Buy Valkyrie’s ETF Unit
The option, which expires at the end of March, gives the company a foothold in the U.S. ETF market as speculation whirls around the approval of a spot bitcoin product.
Crypto Tax Platform Blockpit Buys Rival Accointing From Glassnode
The “multi-million dollar” acquisition gives Austria-based Blockpit a footprint in the U.K.
Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune
Securitize Agrees to Buy Crypto Wealth Manager Onramp to Expand RIA Services
The acquisition is expected to close in the coming days and terms of the transaction have not been disclosed.
Crypto Insurer Evertas Buys Bitcoin Mining Cover Specialist Bitsure
Evertas has snagged the authority to offer mining policy limits of up to $200 million per location.
BitGo Still Has Acquisitions Pending After Canceling Prime Trust Purchase
CEO Mike Belshe said he sees consolidation in the crypto custody sector in the next six months.
Crypto Custody Firm BitGo Cancels Acquisition of Rival Prime Trust
Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one former client told CoinDesk.
Australian Data Center Startup Arkon Expands to U.S. With $26M in Fresh Funding
CEO Joshua Payne said he expects the acquisition of a data center in Hannibal, Ohio to be “the first of several” over the next year.
Crypto Exchange Bit2Me Raises $15M to Grow in Spain and Latin America
The investment round included Telefónica Ventures, the investment arm of Spain’s largest telecommunications company Telefónica.
BCB Group Abandons Sutor Bank Acquisition on Regulatory Delay
The payments processor also cited crypto market conditions as a reason for the exit.
Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm
Ripple purchased custodian Metaco for $250 million, and regulatory and market conditions could lead to further deals, says Architect Partners
Valuations and M&A Show Things Aren’t So Bad for Crypto
Two aspects of the crypto word, blockchain tech companies and exchanges and crypto miners, reveal that M&A activity is strong and that crypto-related companies have converged with the rest of tech, a sign that the digital-asset industry is maturing.
Bitcoin Miner Mawson to Sell Texas Sites for $8.5M to Singapore Fund Manager
The funds will go toward reducing Mawson’s debts and fueling growth.
GMO Financial Holdings Buys 10% of Crypto Hedge Fund AWR Capital for Undisclosed Amount
AWR will act as a market maker at GMO Financial Holdings subsidiary GMO Coin, one of the largest crypto and FX exchanges in Japan.
Crypto Exchange Ziglu Courting Buyers After Robinhood Deal Collapses: Report
Ziglu is also looking to raise around $2.46 million to enable it to continue operating until a sale is agreed
Coinbase Acquires One River Digital Asset Management
One River Digital, a subsidiary of One River Asset Management, will become Coinbase Asset Management.