Acquisitions
Australian Data Center Startup Arkon Expands to U.S. With $26M in Fresh Funding
CEO Joshua Payne said he expects the acquisition of a data center in Hannibal, Ohio to be "the first of several" over the next year.
Crypto Exchange Bit2Me Raises $15M to Grow in Spain and Latin America
The investment round included Telefónica Ventures, the investment arm of Spain’s largest telecommunications company Telefónica.
BCB Group Abandons Sutor Bank Acquisition on Regulatory Delay
The payments processor also cited crypto market conditions as a reason for the exit.
Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm
Ripple purchased custodian Metaco for $250 million, and regulatory and market conditions could lead to further deals, says Architect Partners.
Valuations and M&A Show Things Aren’t So Bad for Crypto
Two aspects of the crypto world, blockchain tech companies and exchanges and crypto miners, reveal that M&A activity is strong and that crypto-related companies have converged with the rest of tech, a sign that the digital-asset industry is maturing.
Bitcoin Miner Mawson to Sell Texas Sites for $8.5M to Singapore Fund Manager
The funds will go toward reducing Mawson's debt and fueling growth.
GMO Financial Holdings Buys 10% of Crypto Hedge Fund AWR Capital
AWR also hired Phillip Gillespie, former CEO of crypto market maker B2C2, as managing partner to lead its business development strategy.
Crypto Exchange Ziglu Courting Buyers After Robinhood Deal Collapses: Report
Ziglu is also looking to raise $2.5 million to enable it to continue operating until it finds a buyer.
Coinbase Acquires One River Digital Asset Management
The crypto exchange is expanding its move beyond the core business of retail trading.
Galaxy Digital Closes $44M Acquisition of Self-Custody Platform GK8
The self-custody platform was an asset of bankrupt crypto lender Celsius.
