acquisition News

Solana decentralized exchange aggregator Jupiter has expanded its reach by acquiring Ultimate Wallet, a self-custody crypto wallet firm.

Bankrupt crypto exchange FTX has filed legal papers proposing the sale of its subsidiary, Digital Custody, to CoinList for $500,000.

Japanese financial group Monex is set to acquire a majority stake in Canadian digital asset manager 3iQ.

Bullish acquires CoinDesk, planning substantial investment in its global expansion, and appoints the former Chief Editor from the Wall Street Journal as Editorial Committee Chair.

WonderFi, through its subsidiary Bitbuy, has strategically acquired Bitvo.com, significantly increasing its share in Canada's regulated cryptocurrency exchanges and altering the competitive landscape.

In the aftermath of a hack resulting in millions lost, Nevada-based Fortress Trust is undergoing a significant reorganization, including a change in CEO and the reduction of its workforce. Nevada-based crypto custodian Fortress Trust has undergone reorganization as the firm…

The Depository Trust & Clearing Corp. (DTCC) has acquired blockchain startup Securrency Inc. for an estimated $50 million.

Ripple won't acquire Fortress Trust but will remain as an investor in the blockchain-based payment network

Blockchain startup Ripple covered the losses of Fortress Trust clients as part of its purchase agreement. Fortress said the losses were caused by a “third-party vendor whose cloud tools were compromised”, according to The Block. “Luckily, Ripple was in a…

The Stellar Development Foundation acquires a minority stake in major remittances platform MoneyGram. The Stellar Development Foundation (SDF) — the organization behind the Lumens (XLM) blockchain — announced on Aug. 15 that it is acquiring a minority stake in major remittances…

A group of investors are reportedly nearing a deal to acquire crypto media outlet Coindesk for $125 million.  According to the Wall Street Journal citing “people familiar with the matter,” the investor group is led by Matthew Roszak, founder and…

Cryptocurrency consortium Fahrenheit emerges as the successful bidder in acquiring bankrupt lender Celsius Network, securing nearly $2 billion worth of assets

Customers of the bankrupt crypto broker Voyager may be getting their money trapped in the platform in the coming weeks, shortly after Binance.US pulled out of an initial deal to purchase Voyager’s assets.  The Voyager Official Committee of Unsecured Creditors…

Cooper Morgenthau, the former CFO of African Gold Acquisition Corp, has been sentenced to 3 years in jail for stealing $5 million from three different SPACs to trade cryptocurrencies and "meme stocks."

Voyager has turned to Twitter to announce that Binance.US has backed out of its deal to purchase the company's assets. 

Binance bought stakes in Multicoin in 2021, an investment that is raising red flags because of the latter's "relationship" with FTX