mergers and acquisitions
Goldman's $2B ETF Issuer Takeover Is Both a Blessing and a Curse for Crypto
Although the acquisition of Innovator Capital Management does not directly mention crypto, it does inherently imply that Goldman Sachs is expanding into the digital assets arena.
Gleec Buys Komodo’s Cross-Chain DeFi Stack Valued at $23.5M for Undisclosed Amount
The acquisition brings Komodo’s atomic-swap technology, token ecosystem and core developers under the Gleec umbrella.
Exodus’ W3C Deal Adds Stability as Firm Builds Full Payments Stack: Benchmark
The acquisition pushes the crypto-wallet maker toward a more fintech-style business model.
Private Equity Firm Bridgepoint to Buy Majority of Crypto Audit Specialist ht.digital
Bridgepoint did not disclose the financial terms of the deal. Sky News cited a figure of 200 million pounds ($262 million).
Crypto Wallet Firm Exodus Buys Baanx and Monavate for $175M
The U.S.-listed wallet provider is acquiring W3C Corp, the parent company of crypto card and payments firms Baanx and Monavate.
Apex Group Said to Buy Broker Dealer Globacap for U.S. Tokenization Push
London-based Globacap’s U.S. broker-dealer and alternative trading system (ATS) is regulated by FINRA and the SEC.
Northern Data Cut to Hold to Reflect Acquisition by Rumble: Canaccord
The broker downgraded Northern Data to hold from buy and lowered its price target to 15 euros from 27 euros.
Bybit Said to Be in Talks to Buy South Korean Exchange Korbit: Report
A Bybit spokesperson said the talks, reported by South Korea’s Maeil Business Newspaper, are “not within our knowledge.”
Rumble Shares Soar on Tether Partnerships, Planned Northern Data Acquisition
Rumble unveiled three major deals with Tether and Northern Data, expanding its AI infrastructure, ad business and cloud capacity.
Core Scientific Upgraded to Outperform Following Failed CoreWeave Merger: Macquarie
The bitcoin miner turned AI infrastructure play has more than 50% upside, said the bank.
