In brief Deutsche Börse has acquired a $200 million stake in Kraken’s parent company, valuing the crypto exchange at $13.3 billion. The deal deepens a partnership spanning FX, custody, settlement, and tokenized assets. An …
Deal
Gold back over $5,000 is a market tell: fear is back. Tether just paid $150 million for the last mile. By taking ~12% of Gold.com and integrating XAU₮, Tether is buying distribution, so a …
- Altcoin Highlights
XRP-linked firm rolls out platform after $1 billion GTreasury deal
by adminby adminBlockchain-based payments firm Ripple launched a new enterprise product, Ripple Treasury, earlier this week that’s aimed at helping companies manage traditional cash and digital assets within a single system, following its $1 billion acquisition …
India’s competition regulator has approved Coinbase’s plan to acquire a minority stake in CoinDCX, allowing the U.S.-based exchange to deepen its exposure to one of the world’s fastest-growing crypto markets. The Competition Commission of …
Tether has submitted a binding all-cash proposal to acquire Exor’s entire 65.4% stake in Juventus Football Club, the most successful club in Italian football history and a 36-time Serie A champion. If approved by …
- NFT & Metaverse
SharpLink Raises $76.5M in Premium-Priced Stock Deal to Expand Ether Holdings
by adminby adminThe second-largest publicly traded ether treasury firm, SharpLink Gaming (SBET), has raised $76.5 million in a direct stock offering priced above market. The Minneapolis-based company said in a press release it sold 4.5 million …
With a $100M deal, Kraken secures a CFTC-regulated DCM license to launch a fully US-native derivatives product suite. Crypto exchange Kraken has announced the acquisition of Small Exchange, a US Commodity Futures Trading …
Polygon Strikes $250M Coinme, Sequence Deal To Expand US Payments
Polygon Labs has agreed to acquire US-based crypto payments company Coinme and wallet infrastructure provider Sequence in deals valued at more than $250 million, Fortune reported on Monday. The acquisitions give the Ethereum scaling …
The crypto market could soon see some much-needed relief after the US Senate reached an agreement on a three-part budget deal to end the government shutdown, Politico reports. Pending legislation to fund the US …
Binance has reportedly completed its long-awaited acquisition of Gopax, officially marking the crypto giant’s return to South Korea after over two years. The approval from South Korea’s Financial Intelligence Unit represents a pivotal moment …