The two parties agreed on a 90-day mutual exclusivity period on Feb. 21 to work toward a definitive agreement.
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.
‘Shark Tank’ Star Kevin O’Leary Calls Litigating Your Crypto Regulator ‘Really Stupid’
In Coinbase’s case, O’Leary said, it would be “better to sit down and work it out” with regulators, and if a “U.S. regulator doesn’t want staking or lending, so be it.”
Galaxy Digital to Buy BitGo for About $1.2B in Stock, Cash
The acquisition comes as Galaxy Digital plans a U.S. listing later this year.
Japan’s SBI in Talks Over Joint Venture to Make Crypto a Core Revenue Source
SBI’s founder and CEO Yoshitaka Kitao said his firm would turn the planned crypto venture into a core source of profitability.
NYDIG Acquires Digital Assets Data
The acquisition bolsters NYDIG’s data offerings as it continues to build out an institutional client base.
Bitcoin Exchange Bakkt Agrees Merger, Will Become Publicly Listed on NYSE
The combined company will be called “Bakkt Holdings” and will be listed on the New York Stock Exchange with an expected valuation of $2.1 billion.
Yearn Finance Set to Gobble Up SushiSwap for Its Fifth DeFi Merger
Yearn Finance is eyeing yet another merger – only this time, the candidate, SushiSwap, has a larger market size than Yearn itself.
Yearn Merges With Cover, DeFi Protocol’s 4th Deal in a Week
Yearn is “joining forces” with market coverage provider Cover, capping a busy week for the decentralized finance (DeFi) protocol.,
Voyager Agrees to Buy LGO Markets and Merge 2 Firms’ Tokens
Two cryptocurrency trading firms are merging, and in a rare twist, so are their tokens.
PwC Report Points to Banner Year for Crypto M&A and Fundraising Deals
The value of acquisitions in the first half of 2020 has already surpassed that of full year 2019, according to a new report by PwC.
Italian Payments Giants Merging to Form New Entity That Will Dominate Local Market
The new group will reportedly have an estimated 70% share of the Italian market.
Diginex Moves Closer to Backdoor Nasdaq Listing With Merger Approval
The blockchain services firm is officially merging with publicly traded 8i Enterprises Acquisition Corp., a key part of its plan for a “backdoor” listing.
Diginex Moves Closer to Backdoor Nasdaq Listing With Merger Approval
The blockchain services firm is officially merging with publicly traded 8i Enterprises Acquisition Corp., a key part of its plan for a “backdoor” listing.
European Crypto Tax Companies Announce Merger to Power US Expansion
The merger means Blockpit and Crypto Tax can look at taking their newly combined regtech offering to the lucrative U.S. market
Diginex Steps Closer to Backdoor Nasdaq Listing as SEC Approves Merger
Diginex aims to merge with publicly traded firm 8i Enterprises, clearing the path for a backdoor listing on Nasdaq.
What All These VC Deals and Acquisitions Say About the State of the Crypto Markets
Three funding announcements and three M&A deals give us a window into understanding what investors in the crypto space are most interested in.
Crypto Exchange Bithumb Seeks US Listing via Reverse Merger Deal
South Korean crypto exchange Bithumb is looking to get publicly listed in the U.S. through a reverse-merger route.
Crypto Firms Merge to Build Software for Institutional Investors
In a bid to provide services for institutional investors, investor tools provider Picks & Shovels is merging with crypto accounting startup CoinVantage.