M&A
Harvey AI Details M&A Workflow Tools as Legal Tech Valuation Hits $8B
Harvey AI outlines eight practical M&A applications for its legal AI platform, with law firms reporting up to 75% time savings on due diligence workflows.
Crypto Firm Bakkt Reports $1.5B in Impairment Losses in Q3
Bitcoin firm, Bakkt announced its Q3 performance report with a loss of $1.5B impairment loss
Bakkt Has Agreed to Acquire Apex Crypto for $200M
Bakkt has announced it has reached an agreement to acquire Apex Crypto
Coinsquare Acquires CoinSmart to Float a Dominant Crypto Exchange in Canada
Coinsquare has entered into a decisive agreement with CoinSmart Financial Inc to purchase the crypto trading platform
Ripple Discloses Interest in Bankrupt Crypto Lender Celsius Network
Blockchain payments firm Ripple Labs Inc is reportedly interested in learning about the bankrupt crypto lending platform Celsius Network.
CoinSmart Is on the Hunt to Buy Distressed Crypto Assets
The recent market crash is the latest in global financial events that have created unique opportunities for buyers like CoinSmart and FTX wanting to acquire distressed crypto firms at a bargain valuation.
FTX Denies Making Internal Deliberations on How to Acquire Robinhood
Sam Bankman-Fried’s FTX Derivatives Exchange is reportedly making internal deliberations on how to acquire Nasdaq-listed brokerage firm Robinhood Markets Inc.
Bolt to Acquire Wyre, Speeding up Mainstream Crypto Adoption
Bolt and Wyre Will drive cryptocurrency adoption forward to create more value for customers across the globe.
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.
Coinbase Reportedly to Acquire Mercado Bitcoin Owner 2TM
America’s largest trading platform, Coinbase Global Inc, is reportedly on track to acquire 2TM- the Brazilian startup that owns the Mercado Bitcoin cryptocurrency exchange.
Fireblocks Acquires Stablecoin Payments Startup- First Digital
Fireblocks - digital asset custody, transfer, and settlement platform - announced its acquisition of First Digital.
Crypto Sector M&A Saw Almost 5000% Jump in 2021: PwC
The cryptocurrency industry saw a 4,864% jump in the value of mergers and acquisitions in 2021, Bloomberg reported citing a report by PricewaterhouseCoopers (PwC).
Binance Exchange Looks to Acquire Outstanding Shares in Swipe
Binance Exchange, the world’s biggest trading platform by volume, is ending its year in grand style, with a recent announcement that it is set to acquire the outstanding shares in Swipe.
FTX Completes $420M Series B-1 Funding Round at $25B Valuation
FTX Derivatives Exchange has completed a $420.69 million Series B-1 funding with participation from top investors.
FTX.US Exchange Acquires Regulated Derivatives Provider LedgerX
FTX.US has acquired CFTC licensed derivatives provider LedgerX for an undisclosed sum.