Search Results for "acquisition"
Square to Acquires 'Buy Now, Pay Later' Payment Company Afterpay for AU$39B
The digital commercial payment giant Square announced on Sunday to acquire the Australian payment platform Afterpay for 39 billion Australian dollars.
First Citizens Bank to Acquire Silicon Valley Bank Deposits and Loans
First Citizens Bank will acquire all deposits and loans of Silicon Valley Bank after its collapse following rumors of a liquidity crisis. The FDIC has approved the purchase and assumption agreement, and Silicon Valley Bank depositors will become depositors of First Citizens Bank. The North Carolina-based bank is now the 30th largest commercial bank in the US.
Thailand's Commercial Bank SCB Terminates Deal to Acquire BitKub Crypto Exchange
Siam Commercial Bank (SCB), the oldest commercial banking institution in Thailand has announced the effective termination of its proposed deal to acquire the BitKub exchange.
Crypto Firm BitGo Files $100m Lawsuit against Galaxy Digital for Breaching Acquisition Deal
Last month, Galaxy scrapped a plan to acquire BitGo for $1.2 billion. In its lawsuit, BitGo demands $100 million for damages following Galaxy’s termination of the merger deal.
London Stock Exchange Acquires Cloud-based Tech Provider TORA for $325M
London Stock Exchange Group (LSEG) plans to buy U.S. cloud-based technology provider TORA for $325 million. The deal will add digital currency assets to its exchange to meet growing investor demand for diversified investment tools.
TRON’s Founder Justin Sun Could be Real Acquirer of Huobi Global: Sources
Justin Sun, the founder of TRON, is reportedly to be the real buyer for the acquisition of Huobi Global, according to sources with the matter.
Fighting Ransomware: Chainalysis Acquires Cyber-Security Firm Excygent
Chainalysis, a blockchain data analytics, and security platform has announced its acquisition of cybercrime investigative company Excygent.
Nilam Resources Announces Letter of Intent to Acquire 24,800 Bitcoin
Nilam Resources, Inc. has entered into a Letter of Intent (LOI) with Xyberdata Ltd to acquire 100% of the common stock of a special purpose entity named MindWave. The entity will hold 24,800 Bitcoin, serving as collateral for investment in high-yield generating projects. This strategic acquisition marks a significant milestone for Nilam Resources, Inc., adding over a billion dollars in digital assets to its portfolio.
Coinbase in Talks to Buy Turkish Crypto Exchange BtcTurk
Coinbase is reportedly in talks to acquire Turkey’s BtcTurk cryptocurrency exchange. The deal could be worth up to around $3.2 billion.
JPMorgan to Acquire First Republic Bank Assets
JPMorgan Chase is set to acquire First Republic Bank's assets after the troubled bank was closed by regulators. JPMorgan will assume all assets, including uninsured deposits, and enter into a loss-sharing agreement with the FDIC.
Coinbase Acquires Crypto Wallet Firm BRD
US-based crypto exchange Coinbase announced the acquisition of crypto wallet startup BRD, aiming to create more secure and reliable access to the encrypted decentralized world for users.
Bankman-Fried’s FTX In Advanced Talks to Acquire South Korea’s Bithumb
FTX, a 32 billion crypto exchange, is in discussions to buy its rival Bithumb exchange. The deal is reported to be in an advanced stage, though financial terms are still undisclosed.