Acquisitions


Finance

Online Investing Platform BnkToTheFuture to Buy Crypto Lender Salt Lending

The platform also plans to work with companies in financial distress.

BnkToTheFuture CEO Simon Dixon. (BnkToTheFuture)

Finance

Elon Musk Sends Second Letter Terminating Twitter Acquisition

The letter follows one sent July, in case the earlier one is deemed invalid, according to a filing.

(Sara Kurfeß/Unsplash)

Finance

Indonesia's Biggest Tech Firm Enters Crypto With Purchase of Local Exchange: Report

GoTo Gojek Tokopedia bought Kripto Maksima Koin for 124.84 billion rupiah ($8.38 million).

Jakarta, Indonesia (Shutterstock)

Finance

Siam Commercial Bank Scraps $500M Purchase of Stake in Thailand’s Largest Crypto Exchange

Thailand’s oldest bank said Bitkub Online needs to resolve various issues at the request of Thailand’s Securities and Exchange Commission.

Siam Commercial Bank dropped its plan to acquire Bitkub. (Weerasak Saeku/GettyImages)

Finance

FTX Could Buy BlockFi for Only $15M – or a Lot More If Crypto Lender Hits Big Goals

FTX’s option to acquire BlockFi includes performance targets around a key SEC approval and more than doubling client assets that boost the purchase price to $240 million, people familiar with the matter told CoinDesk.

BlockFi CEO Zac Prince speaks at Consensus 2019. (CoinDesk archives)

Markets

Helium Developer Nova Labs Buys FreedomFi to Accelerate Push Into Mobile Service

As part of the acquisition, FreedomFi team members will join Nova Labs to lead the network's expansion.

Helium's parent company is pushing into mobile service. (Unsplash/Al Soot)

Finance

Bitcoin Miner PrimeBlock Cancels Listing Plans, Terminates $1.25B Merger With 10X Capital

The two firms terminated their agreement, which would have allowed Prime Blockchain to go public, by mutual consent on Aug. 12

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Finance

Crypto Venture Capital Firm Dragonfly Buys Hedge Fund MetaStable Capital

The fund has over $400 million in assets under management, according to Bloomberg.

Dragonfly has acquired MetaStable Capital. (Getty Images)

Finance

Galaxy Digital Abandons $1.2B Plan to Acquire Crypto Custody Firm BitGo

The $1.2 billion deal was announced May 2021 and was expected to close by the end of that year.

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)