Acquisitions
DCG Enters Retail Crypto Market With Acquisition of Luno Wallet
Blockchain-focused investment firm Digital Currency Group has acquired Luno, a retail-focused cryptocurrency exchange with over five million customers.
FTX Exchange's $150M Deal for Mobile-First Blockfolio Is a Retail Trading Play
The deal is a strategic play for FTX, whose clientele consists largely of quants and professional traders, to attract more retail customers.
ConsenSys Acquires JPMorgan's Quorum Blockchain
Quorum, the enterprise blockchain platform developed by mega-bank JPMorgan Chase, is to be acquired by ConsenSys, the Brooklyn-based Ethereum venture studio.
CLabs Acquires Summa to Boost Crypto Interoperability on Celo
The token startup just acquired decentralized finance (DeFi) startup Summa, best known for its interoperability work with Bitcoin and Ethereum.
Bitcoin News Roundup for May 27, 2020
While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It's another episode of CoinDesk's the Markets Daily podcast.
Coinbase Buys Tagomi as 'Foundation' of Institutional Trading Arm
Crypto exchange Coinbase is finally acquiring Tagomi, a prime brokerage platform specializing in digital asset trading for institutional clients.
Crypto M&A and Fundraising Dropped Sharply in 2019: PwC Report
The value of crypto M&A deals last year dropped by a whopping 76 percent, according to a new report by PwC – down from $1.9 billion in 2018 to $451 million in 2019.
'They Have the Users': Binance CEO Explains Why He Bought CoinMarketCap
"Even though their money generation mechanism is not as strong as Binance, they do have the users," CEO CZ tells CoinDesk. "It's a very valuable platform."
What All These VC Deals and Acquisitions Say About the State of the Crypto Markets
Three funding announcements and three M&A deals give us a window into understanding what investors in the crypto space are most interested in.
ConsenSys Acquires US Broker-Dealer in Bid to Tokenize Trillion-Dollar 'Muni' Bond Market
ConsenSys aims to use its new acquisition to offer tokenized municipal bonds in a market ripe for disruption.
