Acquisitions
Coinbase Acquires Andreessen Horowitz–Backed Startup Blockspring
Blockspring, a startup that makes tools for collecting and managing data from APIs, has been acquired by Coinbase.

OKCoin Founder Star Xu Seeks to Acquire Public Firm for $60 Million
OKCoin founder Star Xu may be seeking a possible backdoor IPO by buying a majority stake in a Hong Kong-listed company.

Crypto Firms Merge to Build Software for Institutional Investors
In a bid to provide services for institutional investors, investor tools provider Picks & Shovels is merging with crypto accounting startup CoinVantage.

Ethereum Studio ConsenSys Just Bought an Asteroid Mining Company
ConsenSys has just acquired an asteroid mining startup called Planetary Resources.

Korea's Largest Bitcoin Exchange Sells Stake in $350 Million Deal
Bithumb, the largest crypto exchange in South Korea by trading volume, just confirmed it has sold over 38 percent of its shares for $350 million.

Mining Giant Bitmain Acquires Bitcoin Cash Wallet Startup
Bitmain has acquired Telescope, an open-source, browser-based wallet for bitcoin cash.

Huobi Eyes Japan Expansion With Acquisition of Licensed Crypto Exchange
Huobi Group is about to expand its trading services to Japan via a deal to purchase local cryptocurrency exchange BitTrade.

Wyre Acquires Bitcoin Smart Contract Derivatives Platform Hedgy
E-payment startup Wyre has acquired bitcoin smart contract developer Hedgy to broaden the scope of its offerings.

Rakuten Is About to Buy a Bitcoin Exchange for $2.4 Million
Japanese e-commerce giant Rakuten is planning another step into the cryptocurrency industry with the acquisition of a local bitcoin exchange.

Crypto Exchange Huobi Acquires Public Firm for $70 Million
Crypto exchange Huobi has become the largest shareholder of a public firm listed in Hong Kong, inching a step closer to a possible back-door listing.
