M&A
In $2.9B Deal, Coinbase Agrees to Buy Deribit to Expand in U.S. Crypto Options Market
The deal includes $700 million in cash and 11 million shares of Coinbase Class A common stock.

Figment Eyes Up to $200M Worth of Acquisitions in Crypto M&A Push: Report
Figment is targeting regional players on Cosmos and Solana networks at a time in which pro-crypto U.S. policy is fueling dealmaking

Ripple to Acquire Prime Broker Hidden Road for $1.25B, Expanding Institutional Push
Among other things, the deal is expected to strengthen Ripple’s stablecoin ambitions.

Crypto-Friendly Prime Broker Hidden Road in Active Takeover Talks: Sources
The company is being advised by FT Partners, the sources said.

Bitcoin Miner Hut 8 Could Look to Acquire a Hyperscaler, Clear Street Says
The broker has a buy rating on the shares with a $23 price target.

Kraken to Buy NinjaTrader for $1.5B to Enter U.S. Crypto Futures Market
The deal could be a way for the crypto exchange to move into another asset class and increase its users.

Crypto Exchange Deribit Still in Talks to Be Acquired by Kraken: Source
A second source said U.S.-listed exchange Coinbase has also been kicking the tires of Deribit.

Travala, Crypto-Native Travel Website, Said to Receive Unsolicited Takeover Approach
Discussions are at an early stage and the Binance-backed travel platform may decide to remain independent, people close to the matter said.

Smart Valor Is Conducting a Strategic Review That May Lead to Sale of the Company
Bids for the Swiss crypto firm are due by Jan. 24, people close to the process said.
