# acquisition News

In their latest acquisition, Medici Ventures has acquired a 5.1 percent stake in blockchain banking platform, Bankorous, as announced in a March 11, 2019 press release. Latest Addition Overstock’s Medici ventures have made yet another move to acquire equity, following their $2.5 million equity acquisition in GrainChain, a blockchain-based payment...

Circle, a U.S-based fintech firm has completed the acquisition process of SeedInvest in a bid to establish a robust token marketplace that would allow businesses as well as individuals to raise capital via open crypto rails and infrastructure, according to a blog post March 4, 2019. Circle Officially Takes Over...

It was reported by The Information on February 6, 2019, that Facebook is interested in acquiring more blockchain firms following their recent acquisition of Chainspace. First Step On February 5, 2019, it came to light that Facebook had made its first blockchain acquisition by purchasing ChainSpace. The acquisition reignited rumors...

Facebook has seemingly confirmed rumors of their foray into the blockchain industry by acquiring smart contract focused startup Chainspace, as per reports from Cheddar, February 4, 2019. First for Facebook For months now, rumors have been floating about Facebook taking the plunge into the blockchain and cryptocurrency industry, which includes...

San Francisco-based digital asset exchange Kraken announced that it has acquired cryptocurrency futures broker Crypto Facilities and is reportedly on its way to completing a $100 million fundraising round.  Futures Are Coming to Kraken According to a company press release, Kraken has purchased London-based cryptocurrency trading firm and index provider, Crypto...