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Category Mergers and Acquisitions

FundBank becomes IRACE Digital in bid to bridge traditional finance and crypto

FundBank becomes IRACE Digital in bid to bridge traditional finance and crypto

The institutional banking provider is expanding into digital asset custody, liquidity and execution services as former Zodia Custody CEO John Croni...
SBI's $289 million Bitbank deal is symptomatic of Japan's crypto consolidation: Architect Partners

SBI's $289 million Bitbank deal is symptomatic of Japan's crypto consolidation: Architect Partners

The investment bank said the purchase of Japanese crypto exchange Bitbank is a bet on regulated scale as sweeping reforms reshape the country's dig...
Japanese financial services giant SBI Holdings to buy Bitbank for $289 million

Japanese financial services giant SBI Holdings to buy Bitbank for $289 million

SBI said the purchase of the crypto exchange is set to close in October.
Kraken in talks to buy 15% stake in DeFi lender Aave at $385 million valuation

Kraken in talks to buy 15% stake in DeFi lender Aave at $385 million valuation

The DeFi lender is rebuilding after the fallout from April's KelpDAO exploit sparked a multibillion-dollar exodus of deposits despite Aave itself n...
Crypto investment firm Keyrock is acquiring bankrupt lender Blockfills

Crypto investment firm Keyrock is acquiring bankrupt lender Blockfills

The Brussels-based digital asset services firm plans to purchase BlockFills months after the Chicago-based company filed for Chapter 11 bankruptcy,...