Mergers

Marathon’s Thiel Says Company Not for Sale, as M&A Chatter Picks Up Among Crypto Miners
CoinDesk spoke to the CEOs of Marathon Digital and Bitfarms at last week’s Bitcoin 2022 Conference.

Gryphon Digital Mining Ends Plans to Go Public Through Merger With Sphere 3D
The companies agreed to terminate their agreement, which was first announced in June.

Pudgy Penguins NFT Collection Looks to Next Chapter With $2.5M Sale
The collection of 8,888 digital penguins has been sold to LA-based entrepreneur Luca Netz in a 750 ETH deal.

Bitcoin Miner PrimeBlock Plans to Go Public With $1.25B SPAC Merger
The deal is expected to close in the second half of this year.

Galaxy Digital Tweaks BitGo Purchase Terms as It Awaits SEC Action
The acquisition was announced last May with an expectation of closing by the end of 2021.

Crypto Exchange Coincheck to List on Nasdaq via $1.25B Merger
The proposed listing will be through a deal with a blank check company.

Ethereum Merge Takes Place on Kiln Testnet
Kiln is the final public testnet before Ethereum’s transition to a proof-of-stake network.

Crypto Firms May Look at Traditional Finance Firms as M&A Targets
We asked several industry participants if Wall Street incumbents might start making deals for crypto companies. Some predicted the opposite.

Crypto Custodian Fireblocks Acquires Stablecoin Firm First Digital
The move takes institution-focused Fireblocks into the business-to-consumer and cross-border payments spaces.


