acquisition


Finance

Polygon Labs pushes deeper into stablecoin payments with $250 million deal

The move comes as crypto projects increasingly position themselves as offering payment platforms that resemble traditional digital banks, but operate on blockchain rails.

Polygon Labs CEO Marc Boiron (Polygon Labs)

Finance

Crypto infrastructure firm Bakkt jumps 17% on deeper stablecoin payments push with new deal

The firm said it has agreed to acquire Distributed Technologies Research, a blockchain-based payment infrastructure provider.

NYSE/Modified by CoinDesk

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

Stripe Acqui-Hires Crypto Payments Startup Valora, Venturing Further Into Stablecoins

The team behind the Celo-based app is joining Stripe, while the intellectual property is returned to cLabs.

Stripe co-founder Patrick and John Collison (Stripe)

Finance

Solmate to Buy RockawayX in All-Stock Deal to Build $2B Institutional Solana Giant

The combined company will fold RockawayX's infrastructure, liquidity, and asset management units into Solmate.

Solana (SOL) Logo

Finance

Kraken Agrees to Buy Tokenization Specialist Backed Finance as RWA Trend Accelerates

The exchange has already teamed up with the Switzerland-based firm for its tokenized equity offering, xStocks.

Kraken

Finance

Paxos Acquires Crypto Wallet Startup Fordefi to Expand Custody Services

The move aims to position Paxos to serve growing institutional demand for on-chain asset issuance and stablecoin payments.

Paxos CEO Charles Cascarilla (Danny Nelson/CoinDesk)

Finance

XDC Network Acquires Contour to Expand Stablecoins and Tokenization in Trade Finance

XDC said it's reviving the once-shuttered blockchain platform to help banks and businesses streamline trade financing from documentation to settlements.

XDC co-founder Ritesh Kakkad (XDC)

Finance

Coinbase Acquires Crypto Fundraising Firm Echo for $375M

Echo's platform allows startups to raise funds directly from their communities, and will remain a standalone platform.

Coinbase logo shown on a laptop screen

Finance

Ripple Set to Enter Corporate Treasury Business With $1B Acquisition of GTreasury

The deal, pending regulatory approvals, would give Ripple access to large enterprise clients as it is building out financial services around its digital asset business.

Brad Garlinghouse at DC Fintech Week (Jesse Hamilton/CoinDesk)