mergers and acquisitions
Bitcoin Miner Core Scientific’s Third Largest Shareholder Opposes CoreWeave Deal
Two Seas Capital has come out against Core Scientific's proposed all-stock acquisition by AI cloud provider CoreWeave.
Ripple to Buy Stablecoin Payments Firm Rail for $200M to Boost RLUSD
The Rail acquisition is a way for Ripple to delve deeper into the fast-growing stablecoin ecosystem after launching its RLUSD stablecoin
CoinDCX Dismisses Report of Coinbase Acquisition Talks
CoinDCX's CEO denied reports of a potential acquisition by Coinbase, emphasizing the company's focus on India.
Bakkt Sells Loyalty Business and Pivots to Pure-Play Crypto, Offers Shares
The technology firm sold its loyalty business for $11 million and announced a public share offering to fund bitcoin purchases.
Archax to Acquire Deutsche Digital Assets, Expanding Crypto ETP Reach in Europe
The UK-regulated platform adds German crypto manager DDA, gaining BaFin permissions and $70 million AUM.
Decentralized Exchange dYdX Acquires Social Trading App Pocket Protector
The DEX also appointed Pocket Protector co-founder Eddie Zhang as president.
Crypto Trading Technology Firm Talos to Buy Data Platform Coin Metrics for Over $100M: Source
The combination will create an integrated data and investment management platform for trading cryptocurrencies.
Superstate CEO Robert Leshner Buys Majority Stake in 'Shady' Liquor Vendor With BTC Strategy
Leshner said he plans to dismiss the firm's leadership and explore "strategic transactions" to turn the company around.
Core Scientific Sale Sets Floor Price for Bitcoin Miners: JPMorgan
The deal, however, appears to be a "one-off," and unlikely to be replicated.
Core Scientific Cut to Neutral as CoreWeave Deal Adds Complexity: H.C. Wainwright
The firm's analysts expect shareholder approval for the transaction, with no indication of delays to the closing timeline.
