Acquisitions
Diem Confirms Shutdown as Silvergate Acquires the Project's Assets
Facebook (now Meta) is officially winding down the stablecoin project it announced in June 2019.

Blockchain Firm Valereum Acquires 90% of Gibraltar Stock Exchange
The company is looking to build an exchange that will link the fiat and crypto markets.

Crypto VC Fund Pluto Digital to Go Public in Reverse Takeover of NFT Investments
NFT Investments is listed on the Aquis Stock Exchange Growth Market in London.

E-Commerce Giant Mercado Libre Invests in Crypto Firms Paxos, 2TM
The company acquired shares of the holding company for Mercado Bitcoin crypto exchange, and made a “strategic investment” in Paxos.

Gemini Introduces Prime Brokerage Following Second Acquisition in a Week
Gemini Prime aims to attract institutional investors by providing access to multiple crypto exchanges and over-the-counter liquidity sources.

NFT Marketplace OpenSea Acquires DeFi Wallet Firm Dharma Labs
Dharma co-founder Nadav Hollander will serve as OpenSea's chief technology officer.

BitMEX CEO, CFO to Buy One of Germany's Oldest Banks
Bankhaus von der Heydt was formed in 1754 and became one of the first regulated institutions in Germany to offer digital asset services.

Coinbase Tries to Catch Up to Foreign-Based Rivals With Move Into Derivatives
With its acquisition of derivatives exchange FairX this week, Coinbase is seeking to gain traction in a market that’s dominated by its foreign-based competitors.

Coinbase Buys FairX to Launch Crypto Derivatives
The acquisition follows on the heels of FTX’s acquisition of LedgerX.
