M&A

Ripple previously announced its intent to acquire Fortress on Sept. 8

Satsuma’s co-founder told Blockworks he closed the acquisition deal with Alchemy last month

Fortress Trust provides financial, regulatory and infrastructure for Web3 firms

IMC has been quietly building out fairly significant crypto interests, with its latest acquisition demonstrating just that

The Ribbon Finance brand and its RBN token will transition to the derivatives exchange brand and AEVO token

After deals peaked at 54 during the first three months of 2023, such activity dropped roughly 40% last quarter

Hut 8 produced 147 BTC in May and sold 179 BTC for $6.8 million

Hayvn told customers that Prime Trust halted deposits following an order from the Nevada Financial Institution Division on Wednesday

BitGo failed to deliver the required audited financial statements in time, Delaware Chancery Court judge decides

The tentative agreement would result in BitGo purchasing Prime Trust outright, the company said on Thursday

The crypto marketplace seeks to expand internationally and ramp up its custody business after enduring a net loss of $45 million in the first quarter

Wealth management firm founder says deal is “a strong bullish signal” that more institutional money managers are set to jump into crypto

Recent acquisitions by Coinbase, ConsenSys and Hut 8 Mining reflect broader market narratives, advisory firm co-founder tells Blockworks

Deal count eclipses 200 for the first time, though value of crypto acquisitions about a third of what it was in 2021

Potential buyers of the crypto bank may be weighing the prospects of a further decline before putting in bids

Nexo first started its attempt to acquire Vauld back in July

A venture fund would take a 90% stake in the exchange if the deal goes through

Potential acquisition following apparent liquidity issues could accelerate more stringent scrutiny on space, some say

After a long feud, the two centralized exchanges will soon become one

Cryptocurrencies in Bankman-Fried’s orbit were dumping hard until the Binance buyout was announced

FTX native token FTT skyrocketed following the disclosure of an alleged Binance buyout

Acquisitions are set to pick up, digital assets executives told Blockworks, after Argo Blockchain and Core Scientific reveal struggles

Potential transactions would focus on more than scaling, CEO says, as company seeks to fulfill expansion plans

“It just felt like a very natural decision,” Steven Goldfeder from Offchain Labs told Blockworks