M&A
Also, Hyperbolic’s total funding raised comes out to $20 million after $12 million Series A
The acquisition of Skip and the creation of Interchain Inc. signals a refocusing on centralized leadership and a unified vision
Two stablecoin firms made announcements this week, with one raising an undisclosed amount and Paxos expanding into the EU through an acquisition
The market is, presumably, confused about what a Trump win means for the social media company
Arca CEO Rayne Steinberg talked to Blockworks about how the two made the decision to merge and their plans moving forward
Crypto M&A developments could accelerate in Q4 and 2025, perhaps serving as a barometer for the sector’s trajectory
As part of SIP-411, KWENTA tokens will be redeemable for SNX and subsequently deprecated
As part of the deal, Arcium will take over Inpher’s core team and technology: Lightspeed exclusive
Plus, two M&A deals could breathe some life into the space
Architect Partners’ Eric Risley tells Blockworks this deal is “the most important M&A transaction to date for our industry”
Months after Riot’s so-called hostile takeover bid of Bitfarms, the two bitcoin miners forge an agreement
Riot Platforms is attempting to acquire Bitfarms at a discounted price, the company alleged in a Wednesday statement
Bitfarms should not enter into any transaction before its October shareholder meeting, Riot says in an open letter
Asset manager Bitwise has been active this month, revealing deals to acquire ETP issuer ETC Group and the assets within the Osprey Bitcoin Trust
Plus, State Street continues its journey to be “the bridge between traditional finance and digital innovation”
The Canadian company hopes to reach 950 megawatts of power capacity by the end of 2025 via its deal with New York-based Stronghold Digital Mining
The acquisition is set to bring nine European-listed crypto ETPs under San Francisco-based Bitwise’s brand
Riot Platforms, which owns 16.9% of Bitfarms’ stock, previously called for a vote to replace Nicolas Bonta with another board director
Plus, are cataclysmic bugs still a threat?
Riot Platforms called for the meeting after seeking to acquire Bitfarms via a deal the company ultimately rejected
The promotion of Ben Gagnon comes after Riot called a shareholder meeting to try to remove members of Bitfarms’ board
The company intends to grow its mining capacity to 400 megawatts in the state by 2026
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