ACQUISITION
CoinShares Acquires Napoleon Asset Management, Expanding into EU Markets
The deal underscores interesting points about CoinShares. The digital asset firm has bought its rival based in France to double down on European Union expansion.
FTX Abandoned Discussions to Celsius Network Acquisition - Report
FTX rejected the deal to bail out or buy crypto lending firm Celsius. FTX decided to shut down the negotiations and walked away after it found out a "$2 billion hole" in Celsius’ balance sheet.
eBay Announces Acquisition NFT Marketplace KnownOrigin
eBay said the acquisition of KnownOrigin would enable it to capitalize on the growing NFTs economy. The global sales value of art and collectables NFTs saw a significant surge in 2021, reaching $11.16 billion over the past years.
UK Investment Firm Abrdn Acquires Online Crypto Broker Interactive Investor
The transaction will give Abrdn a platform that allows global customers to trade cryptocurrencies as well as other principal investments.
Huobi Global Acquires Bitex To Expand Latin America in Market Share
Huobi Global is looking to expand its portfolio and strengthen its presence in Latin America following its acquisition of Bitex crypto exchange.
Bit Origin Limited Signs LOI to Acquire 30.62% Equity Interests in Horizon Mining Ltd
The planned acquisition would be another major step forward for Bit Origin Limited to accelerate its efforts into the crypto mining business.
FTX Quietly Seeks to Buy Brokerage Startups Amid Move into Stock Trading
FTX has reached out quietly to at least three stock trading start-ups seeking an acquisition. The deals come as the crypto exchange recently launched stock trading.
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.
PolySign Acquires Digital Fund Administrator MG Stover
With its acquisition of fund administration firm MG Stover, PolySign plans to add cryptocurrency capabilities to its existing platform as part of efforts to enable its institutional investors to trade cryptocurrency and digital assets.
Hong Kong’s Animoca Brands Fully Acquires Lyon-Based Eden Games
The new acquisition will help Animoca Brands enhance its product offerings.
BitMEX’s Bid Fails to Acquire 268-Year Old German Bank
BitMEX wanted to purchase Bankhaus von der Heydt to leverage its business in Europe. However, the plan didn’t work out. While the reason behind the fallout of the deal is not known, BaFin’s involvement is suspected.
Foreign Exchange Service Firm Midpoint Completes Acquisition of Blockchain World
UK-based Midpoint Holdings Ltd, an international payments and peer-to-peer foreign exchange service company, announced that it had completed the acquisition of Blockchain World Ltd.
KPMG in Canada Acquires World of Women (WoW) NFT
KPMG Canada, a full-service Audit, Tax, and Advisory firm owned and operated by Canadians, have announced it has purchased a World of Women (WoW) NFT.
Telecom Giant Airtel Acquires Aqilliz, Transforming Adtech & Creator Economy with Blockchain
The acquisition of Aqilliz will enable Airtel to deploy blockchain-based solutions across its fast-growing digital marketplace, Adtech (Airtel ads), and digital entertainment.
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.