Acquisitions
Binance Reviews Its Majority Stake in South Korean Crypto Exchange GOPAX
The world's largest crypto exchange by trading volume acquired a majority stake in GOPAX in February 2023, re-entering a market it had vacated two years previously.
CoinShares Exercises Option to Buy Bitcoin ETF Provider Valkyrie to Add U.S. Arm
CoinShares said the decision is a direct result of the SEC's approval for spot bitcoin ETF listings.
Bitcoin Miner Marathon Digital to Buy New Mining Sites for $179M as Reward Halving Nears
Marathon said the acquisitions will reduce the cost per coin mined by around 30%.
Crypto Exchange Bullish Completes Purchase of CoinDesk: WSJ
Bullish, which is run by former NYSE President Tom Farley, bought 100% of CoinDesk from crypto-focused investor DCG in an all-cash deal
CoinShares Secures Option to Buy Valkyrie's ETF Unit
A takeover would give the company a foothold in the U.S. as investors get optimistic that crypto ETFs will win SEC approval.
Crypto News Site The Block Bought by Foresight Ventures in $70M Deal
The crypto data and news site plans to expand in Asia and the Middle East.
Crypto Tax Platform Blockpit Buys Rival Accointing From Glassnode
The "multi-million dollar" acquisition gives Austria-based Blockpit a footprint in the U.K.
Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune
This is part of Coinbase’s desire to expand its derivatives business, according to the article, which added that acquisition talks never reached a “late stage.”
Securitize Agrees to Buy Crypto Wealth Manager Onramp to Expand RIA Services
The acquisition is expected to close in the coming days and terms of the transaction have not been disclosed.
Crypto Insurer Evertas Buys Bitcoin Mining Cover Specialist Bitsure
Evertas has snagged the authority to offer mining policy limits of up to $200 million per location.
