mergers and acquisitions
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.
Crypto M&A Heats Up as Big Banks and Fintechs Race to Scale: Citizens
Citizens says blockchain deals are accelerating as firms buy rather than build to keep pace with regulatory clarity and customer demand.
Core Scientific Holders Poised to Reject CoreWeave Merger, Jefferies Says
The bank said investors are likely to vote down the deal on Oct. 30, betting Core Scientific can create more value on its own.
DeFi Specialist Aave Labs Acquires Stable Finance, Expands Consumer Access to Onchain Savings
Acquisition brings Stable’s consumer app expertise to Aave Labs as it builds mainstream DeFi products.
Inveniam Capital Partners Acquires Storj to Advance Decentralized Data Infrastructure
Inveniam will integrate the company's decentralized cloud technology into its platform, while Storj retains its operations and leadership.
