mergers and acquisitions
Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says
Riot will have the second-largest capacity among U.S. listed bitcoin miners following the purchase, and the deal serves as the latest evaluation of underdeveloped power assets, the report said.
Galaxy Buys Almost All of CryptoManufaktur's Assets, Expanding Ethereum Staking Portfolio
The acquisition by publicly traded Galaxy Digital, led by Michael Novogratz, will expand the firm's role in Ethereum staking, as part of a broader effort to push deeper into the business of blockchain infrastructure.
Storj Acquires Cloud Computing Firm Valdi; Terms Undisclosed
Valdi allows customers to use available GPU compute cycles in data centers across the world.
Indian Crypto Exchange CoinDCX Acquires BitOasis to Enter Middle East
BitOasis recently won a license to operate as a broker-dealer in Bahrain and is also licensed in its native UAE.
Crypto Industry Is About to Boom, Is Outperforming the Internet: Architect Partners
The digital asset industry added more than $750 billion in value in the first half of the year, the report said.
Sony to Restart Japanese Crypto Exchange Whalefin Purchased From Amber Group in 2023
The technology giant has dabbled in Web3 through partnerships and investments in startups.
Bitcoin Miner CleanSpark to Buy Peer GRIID in $155M Deal
The acquisition will be all-stock based and has been approved by the boards of both companies.
Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board
Riot is Bitfarms' largest shareholder, owning 14.9% of the firm.
Robinhood’s Acquisition of Bitstamp Expands Its Global Reach: Architect Partners
Crypto is becoming an increasingly important part of Robinhood’s business, accounting for 20% of total revenue in the first quarter, the report said.
Robinhood’s Bitstamp Deal Is Strategic and Brings Added Institutional Exposure: Bernstein
The acquisition will potentially allow the trading platform to offer a wider range of crypto products to a more institutional client base, the report said.
