mergers and acquisitions
Revolut drops U.S. bank merger plan to seek standalone license: FT
The fintech company believes a de novo banking license under the Trump administration will be faster than acquiring an existing bank, avoiding the need to maintain physical branches.

Mastercard said to weigh Zerohash investment after ending takeover talks worth billions
The credit card giant is considering a strategic investment in Zerohash as opposed to buying the company outright, according to people familiar with the transaction.

Polygon Labs said to have laid off 60 staff following new $250 million acquisition
Ethereum scaling firm Polygon Labs disputed reports of a 30% workforce reduction, saying role overlaps from acquisitions drove the changes while its headcount remains the same.

Crypto data platform CoinGecko weighs sale for around $500 million, sources say
The crypto market data firm has hired investment bank Moelis, as dealmaking across the sector accelerates.

Bitcoin treasury firms linked to Adam Back sign preliminary agreement to combine
The proposed deal would take Sweden-based H100 into Switzerland and deepen its institutional bitcoin treasury strategy.

Tether said to have invested up to $50 million in crypto lender Ledn at $500 million valuation
The stablecoin issuer’s previously undisclosed investment valued the lender at about $500 million, according to a person familiar with the transaction.

Ethereum scaling network Polygon close to buying bitcoin kiosk firm Coinme, sources say
Polygon is paying $100 million to $125 million for the bitcoin ATM provider, according to one of the sources.

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.

South Korean financial group Mirae Asset eyes crypto exchange Korbit acquisition: report
The financial group is in talks to acquire a 92% stake in Korbit for a as much as 140 billion won ($97 million).

Coinbase agrees to buy The Clearing Company to deepen prediction markets push
The deal brings a team with specialized experience building event-based trading systems, including veterans from Polymarket and Kalshi.

