mergers and acquisitions

mergers and acquisitions

Finance

SOL-focused Forward Industries has had a tough run, but CIO says it's positioned for success

With no debt and the largest public solana treasury, Forward Industries' CIO says it can play offense and consolidate rivals as the sector strains.

Solana (SOL) Logo

Finance

Revolut drops U.S. bank merger plan to seek standalone license: FT

The fintech company believes a de novo banking license under the Trump administration will be faster than acquiring an existing bank, avoiding the need to maintain physical branches.

A Revolut card (Kay/Unsplash/Modified by CoinDesk)

Finance

Mastercard said to weigh Zerohash investment after ending takeover talks worth billions

The credit card giant is considering a strategic investment in Zerohash as opposed to buying the company outright, according to people familiar with the transaction.

Mastercard debit card next to phone with price chart (CardMapr.nl/Unsplash)

Finance

Polygon Labs said to have laid off 60 staff following new $250 million acquisition

Ethereum scaling firm Polygon Labs disputed reports of a 30% workforce reduction, saying role overlaps from acquisitions drove the changes while its headcount remains the same.

Polygon logo on a screen (CoinDesk)

Finance

Crypto data platform CoinGecko weighs sale for around $500 million, sources say

The crypto market data firm has hired investment bank Moelis, as dealmaking across the sector accelerates.

CoinGecko co-founder Bobby Ong. (Wolfie Zhao/CoinDesk)

Markets

Bitcoin treasury firms linked to Adam Back sign preliminary agreement to combine

The proposed deal would take Sweden-based H100 into Switzerland and deepen its institutional bitcoin treasury strategy.

Adam Back, CEO Blockstream (CoinDesk/Personae Digital)

Finance

Tether said to have invested up to $50 million in crypto lender Ledn at $500 million valuation

The stablecoin issuer’s previously undisclosed investment valued the lender at about $500 million, according to a person familiar with the transaction.

Stylized Tether logo

Finance

Ethereum scaling network Polygon close to buying bitcoin kiosk firm Coinme, sources say

Polygon is paying $100 million to $125 million for the bitcoin ATM provider, according to one of the sources.

Customers aren't just buying toilet paper at the supermarket.

Finance

Fireblocks expands into crypto financial reporting with $130 million TRES acquisition

TRES helps companies generate compliant financial records from blockchain activity, enabling them to meet audit standards and regulatory requirements.

Left to right: Fireblocks co-founders Pavel Berengoltz, Michael Shaulov and Idan Ofrat. (Fireblocks, modified by CoinDesk)

Finance

South Korean financial group Mirae Asset eyes crypto exchange Korbit acquisition: report

The financial group is in talks to acquire a 92% stake in Korbit for a as much as 140 billion won ($97 million).

Seoul cityscape at night.