mergers and acquisitions
Ondo Finance weighs acquisition worth up to $500 million
The tokenized-assets firm is considering an acquisition valued at $250 million to $500 million as consolidation accelerates across crypto infrastructure.
Institutional crypto trading platform LMAX is exploring sale, IPO
LMAX is working with Morgan Stanley and investment bank KBW to assess its options, which could lead to a sale or a public offering.
Crypto market maker B2C2 held sale talks with multiple potential buyers
The SBI-owned crypto trading firm is said to have attracted takeover interest from a number of suitors over the past 18 months, but valuation has been a sticking point.
Keyrock acquires BlockFills trading assets to expand institutional crypto business
The deal adds institutional trading clients, derivatives expertise and regulatory licenses as Keyrock looks to deepen its presence in crypto capital markets.
Stripe mounts blockbuster $53 billion bid to buy PayPal
The bid, made together with Advent, follows an earlier expression of interest. PayPal has been reluctant to engage with the offer thus far.
Kalshi and Polymarket could become M&A targets as prediction markets consolidate: Bernstein
The broker said operational consolidation is blurring the lines between exchanges, brokerages and sportsbooks, creating conditions for acquisitions across the prediction market ecosystem.
FundBank becomes IRACE Digital in bid to bridge traditional finance and crypto
The institutional banking provider is expanding into digital asset custody, liquidity and execution services as former Zodia Custody Ireland CEO John Cronin takes the helm.
SBI's $289 million Bitbank deal is symptomatic of Japan's crypto consolidation: Architect Partners
The investment bank said the purchase of Japanese crypto exchange Bitbank is a bet on regulated scale as sweeping reforms reshape the country's digital asset market.
Japanese financial services giant SBI Holdings to buy Bitbank for $289 million
SBI said the purchase of the crypto exchange is set to close in October.
Kraken in talks to buy 15% stake in DeFi lender Aave at $385 million valuation
The DeFi lender is rebuilding after the fallout from April's KelpDAO exploit sparked a multibillion-dollar exodus of deposits despite Aave itself not being hacked.
