mergers and acquisitions
Crypto Exchange Kraken Acquires No-Code Trading Firm Capitalise.ai to Expand Pro Platform
The purchase brings text-based strategy design, testing and automation to Kraken Pro users.
Trump Family Expands Crypto Bets as Thumzup Pivots Into Dogecoin Mining
The Trump family’s crypto footprint is widening, and now dogecoin is part of the mix.
Core Scientific Faces Valuation Disconnect; PT Hiked to $22: Jefferies
The bank reiterated its buy rating on CORZ and raised its price target for the bitcoin miner to $22 from $16 to reflect the CoreWeave acquisition.
Bitcoin Miner MARA Steps Into HPC With Majority Stake in EDF Subsidiary: H.C. Wainwright
The broker has an outperform rating on MARA stock with a $28 price target.
LayerZero Proposes $110M Stargate Token Merger in Consolidation Play
The plan would see all STG tokens converted into ZRO at a fixed rate, effectively retiring STG as a standalone governance and rewards token.
Bitcoin Miner Core Scientific’s Third Largest Shareholder Opposes CoreWeave Deal
Two Seas Capital has come out against Core Scientific's proposed all-stock acquisition by AI cloud provider CoreWeave.
Ripple to Buy Stablecoin Payments Firm Rail for $200M to Boost RLUSD
The Rail acquisition is a way for Ripple to delve deeper into the fast-growing stablecoin ecosystem after launching its RLUSD stablecoin
CoinDCX Dismisses Report of Coinbase Acquisition Talks
CoinDCX's CEO denied reports of a potential acquisition by Coinbase, emphasizing the company's focus on India.
Bakkt Sells Loyalty Business and Pivots to Pure-Play Crypto, Offers Shares
The technology firm sold its loyalty business for $11 million and announced a public share offering to fund bitcoin purchases.
Archax to Acquire Deutsche Digital Assets, Expanding Crypto ETP Reach in Europe
The UK-regulated platform adds German crypto manager DDA, gaining BaFin permissions and $70 million AUM.
