Acquisitions
Crypto SPACs Brace for Cruel Summer With Lower Valuations, SEC Scrutiny
Deals may need to get repriced, an industry investment banker told CoinDesk.
Bear Market Could See Some Crypto Miners Turning to M&A for Survival
Companies that have already survived the previous down market and have enough capital and a sound business strategy will be able to survive this cycle.
Binance-Supported Deal for Forbes to Go Public Via SPAC Is Called Off
Binance had invested $200 million in Forbes earlier this year as part of the plan.
Huobi Global Acquires Latin American Crypto Exchange Bitex
The crypto exchange is seeking to expand in Latin America, but Bitex will continue to operate under the same name and with its current management team.
Nansen Acquires DeFi Portfolio Tracker Ape Board for More Than $10M
Nansen plans to combine its analytics with Ape Board's portfolio tracking to make the "definitive information super app of Web 3."
QuickNode Acquires NFT Analytics Platform Icy Tools
Financial details for the blockchain development platform’s first acquisition were not disclosed.
FTX Closed Acquisition of Liquid Exchange a Few Days Late
The news came to light in an email to Liquid's shareholders.
![A delay in paying shareholders “shows that the existing international wire transfer [system] is fundamentally broken,” Liquid CEO Mike Kayamori said. (Photo: World Economic Forum)](https://cryptonewz.pages.dev/crypto-news-coindesk.com/_next/image?url=https%3a%2f%2fcdn.sanity.io%2fimages%2fs3y3vcno%2fproduction%2f0bbdba4493f2fce988314f11cfc3ffcf71fbe98d-1440x960.jpg%3fauto%3dformat&w=1080&q=75)
Foundry to Buy Web 3 Company Upstate Interactive to Expand Blockchain Services
Foundry didn’t disclose the terms of the deal but said it will close at the end of April.
Dorsey Praises Musk's Twitter Buy: 'Elon Is the Singular Solution'
"Taking it back from Wall Street is the correct first step," Twitter founder and erstwhile CEO Jack Dorsey tweeted Monday.
Twitter Accepts Elon Musk's $54.20-a-Share Buyout Offer
Upon completion of the transaction, Twitter will become a privately held company.
