Tag: acquisition
Coinbase sought FTX Europe acquisition after bankruptcy: Report
Crypto exchange Coinbase attempted to acquire FTX Europe twice since it filed for bankruptcy in November 2022, hoping to broaden its derivatives busin [...]
Ripple says security incident accelerated its acquisition of Fortress Trust
The takeover of Fortress Trust by financial technology company Ripple on Sept. 8 involved more than just an acquisition deal. The transaction was acce [...]
SEC investigating Illumina over Grail acquisition
A building on the campus at the world headquarters of Illumina is shown in San Diego, California, Sept. 1, 2021.Mike Blake | ReutersThe U.S. Securitie [...]
Cross-chain wallet BitKeep changes name to Bitget Wallet after acquisition
Cross-chain wallet BitKeep has changed its name to Bitget Wallet after the crypto exchange purchased a controlling stake for $30 million in March.Acco [...]
FTX spent $400 million on the acquisition of its European branch
According to the legal team of the FTX investors, trying to return their funds through court, a failed crypto exchange spent “nearly $400 million” to [...]
BitGo terminates acquisition of Prime Trust
On June 22, wallet infrastructure provider and digital asset custodian BitGo announced on Twitter that it had decided to cancel its acquisition of fin [...]
Cryptp Custody Firm BitGo Cancels Prime Trust Acquisition
BitGo made the decision after "considerable effort and work to find a path forward with Prime Trust."
www.coindesk.com [...]
Startup employees questioned customer stats before acquisition
Charlie Javice, who is charged with defrauding JPMorgan Chase & Co into buying her now-shuttered college financial aid startup Frank for $175 mill [...]
BCB Group Abandons Sutor Bank Acquisition on Regulatory Delay
The payments processor also cited crypto market conditions as a reason for the exit.
www.coindesk.com [...]
Prime Trust subsidiary Banq files for bankruptcy amid BitGo acquisition deal
The payments subsidiary of crypto custodian Prime Trust, Banq, filed for bankruptcy protection in the United States on June 13, court documents show.. [...]
Galaxy Digital’s Termination of $1.2B Acquisition of Crypto Custodian BitGo Upheld by Federal Judge
The two initially agreed to a deal in May 2021, with Galaxy looking to become a one-stop shop for prime brokerage services geared toward institutional [...]
SEC lawsuit against Binance stalls Gopax acquisition deal in South Korea
The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance could damage the crypto exchange’s business opportunities in Sout [...]
Apple confirms acquisition of AR startup Mira following Vision Pro launch: Report
Just a day after launching a new virtual reality (VR) product line, Apple Vision Pro, the tech giant confirmed the acquisition of Mira, an augmented r [...]
MIAX completes acquisition of FTX subsidiary LedgerX
The Miami International Securities Exchange (MIAX), owned by Miami International Holdings, has completed the acquisition of LedgerX, which was one of [...]
FTX pursues $244M clawback from ‘wildly inflated’ Embed acquisition deal
FTX’s leadership is looking to claw back more than $240 million from insiders and executives that benefited from FTX's "wildly inflated" acquisition o [...]