mergers and acquisitions


Finance

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.

A Revolut card (Kay/Unsplash/Modified by CoinDesk)

Finance

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.

Mastercard debit card next to phone with price chart (CardMapr.nl/Unsplash)

Finance

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.

Polygon logo on a screen (CoinDesk)

Finance

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.

CoinGecko co-founder Bobby Ong. (Wolfie Zhao/CoinDesk)

Markets

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.

Adam Back, CEO Blockstream (CoinDesk/Personae Digital)

Finance

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.

Stylized Tether logo

Finance

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.

Customers aren't just buying toilet paper at the supermarket.

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

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).

Seoul, South Korea (csk/Pixabay, modified by CoinDesk)

Finance

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.

Coinbase CEO Brian Armstrong speaking to House Speaker Mike Johnson on July 18, 2025. (Jesse Hamilton/CoinDesk)

1 | Latest Cryptocurrency News, Bitcoin & Crypto Updates 2026