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Acquisition

BUSINESS

Uncertainty Returns After BitGo Cancels Prime Trust Acquisition

BtcCasey -
The preliminary acquisition agreement has fallen through, leaving considerable uncertainty in regards to Prime Trust’s future.
BUSINESS

BitGo Announces Preliminary Deal To Acquire Prime Trust Custody Firm

BtcCasey -
Although details of the deal are not yet available, the acquisition would combine two major industry custodians.
BUSINESS

Pocket Bitcoin Announces Acquisition Of Bitcoin Wallet App Bitkipi

BtcCasey -
The acquisition means Pocket Bitcoin now has its own in-house wallet app for users looking to buy bitcoin using the service.
BUSINESS

World’s Largest Bitcoin ATM Software Platform Acquired By Bitstop Founders

BtcCasey -
Andrew Barnard and Doug Carrillo of Bitstop have announced the acquisition of Genesis Coin Inc.
BUSINESS

Binance Walks Away From FTX Acquisition

Namcios -
The world’s largest exchange said on Wednesday that it will not pursue the potential acquisition of Sam Bankman-Fried’s FTX.
BUSINESS

FTX Buys BlockFi But Passes On Acquiring Celsius

Dylan Leclair And Sam Rule -
FTX is in accumulation mode with the market near rock bottom. Although it’s a fire sale in the market right now, some institutions are well past saving.
BUSINESS

Bitcoin Miner Stronghold To Acquire 9,080 Rigs

Namcios -
The mining company has also signed a separate $54 million financing agreement with NYDIG.
BUSINESS

In Bitcoin Space’s Largest-Ever Deal, Galaxy Digital Will Buy BitGo For $1.2 Billion

Peter Chawaga -
In the largest-ever acquisition of a bitcoin services company, Galaxy Digital is buying BitGo for $1.2 billion.
BUSINESS

PayPal To Acquire Digital Asset Custody Provider Curv

BtcCasey -
Payments giant PayPal will be acquiring digital asset custody provider Curv as it strengthens its new cryptocurrency services.
MARKETS

Coinbase Acquires Xapo’s Custody Arm for $55 Million

Jimmy Aki -
The acquisition adds to Coinbase’s growing custody business, which stores over $7 billion in assets.
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