mergers and acquisitions
Kalshi and Polymarket could become M&A targets as prediction markets consolidate: Bernstein
The broker said operational consolidation is blurring the lines between exchanges, brokerages and sportsbooks, creating conditions for acquisitions across the prediction market ecosystem.
FundBank becomes IRACE Digital in bid to bridge traditional finance and crypto
The institutional banking provider is expanding into digital asset custody, liquidity and execution services as former Zodia Custody Ireland CEO John Cronin takes the helm.
SBI's $289 million Bitbank deal is symptomatic of Japan's crypto consolidation: Architect Partners
The investment bank said the purchase of Japanese crypto exchange Bitbank is a bet on regulated scale as sweeping reforms reshape the country's digital asset market.
Japanese financial services giant SBI Holdings to buy Bitbank for $289 million
SBI said the purchase of the crypto exchange is set to close in October.
Kraken in talks to buy 15% stake in DeFi lender Aave at $385 million valuation
The DeFi lender is rebuilding after the fallout from April's KelpDAO exploit sparked a multibillion-dollar exodus of deposits despite Aave itself not being hacked.
Crypto investment firm Keyrock is acquiring bankrupt lender Blockfills
The Brussels-based digital asset services firm plans to purchase BlockFills months after the Chicago-based company filed for Chapter 11 bankruptcy, if a court approves.
OKX Ventures buys $53 million stake in Korea's Coinone exchange
The crypto exchange's investment arm and Korea Investment & Securities will each invest 80 billion won ($53 million) as Coinone pushes into stablecoins and tokenized securities.
Samsung units to buy $408 million stake in South Korea’s biggest crypto exchange
Samsung Securities is set to take a 2% stake in Dunamu, worth over $200 million, from affiliates of technology conglomerate Kakao.
MoonPay expands into tokenized assets and DeFi markets with new platform for banks
With MoonPay Trade, the crypto payments firm is building infrastructure for banks, fintechs to access stablecoins, tokenized funds and yield in a one-stop shop.
Crypto custody firm Copper is looking to sell the company for $500 million
Cantor Fitzgerald has been appointed to help with the sale, according to sources.
