Acquisitions
NFT Marketplace OpenSea Acquires DeFi Wallet Firm Dharma Labs
Dharma co-founder Nadav Hollander will serve as OpenSea's chief technology officer.
BitMEX CEO, CFO to Buy One of Germany's Oldest Banks
Bankhaus von der Heydt was formed in 1754 and became one of the first regulated institutions in Germany to offer digital asset services.
Coinbase Tries to Catch Up to Foreign-Based Rivals With Move Into Derivatives
With its acquisition of derivatives exchange FairX this week, Coinbase is seeking to gain traction in a market that’s dominated by its foreign-based competitors.
Coinbase Buys FairX to Launch Crypto Derivatives
The acquisition follows on the heels of FTX’s acquisition of LedgerX.
Parent Company of Brazil’s Largest Crypto Exchange Enters Europe With Portuguese Acquisition
2TM, the holding company for Mercado Bitcoin, acquired CriptoLoja, Portugal’s first licensed crypto exchange, as step one in its plans to expand into Europe.
Elrond Foundation Acquires Crypto Payments Firm Utrust
The merged companies plan to combine DeFi with payments, in a product dubbed “Merchant Yield.”
Kevin O’Leary-Backed DeFi Platform WonderFi to Purchase Bitbuy for $162M in Cash, Shares
The deal gives WonderFi one of Canada’s fastest-growing crypto platforms, adding 375,000 registered users.
Crypto Exchange Kraken Acquires Staking Platform Staked
The crypto exchange referred to the deal as “one of the largest crypto industry acquisitions to date” but did not disclose the amount paid.
NBA Top Shot Maker Dapper Labs Commits $80M for Startup Acquisitions
Dapper already bought a “young, scrappy company” but wouldn’t say which.
