Kraken Launches EU Bank Acquisition Strategy
@Payward, parent company of crypto exchange Kraken, has agreed to acquire Lithuania’s Saldo Bank, gaining an EU banking license and expanding into traditional finance. #Update #Crypto $BTC $ETH
mergers-and-acquisitions
Crypto Dealmaking Thrives Despite Clarity Act Stall
@Payward acquires payments company Reap for $600M and Bitnomial for up to $550M, while Nasdaq invests $100M in Payward, highlighting ongoing crypto deal activity despite regulatory uncertainty. #Update #Crypto $BTC
OpenPayd Targets Nasdaq Listing for Expansion
@OpenPayd aims for a year-end Nasdaq listing to fund U.S. expansion, reporting $73M revenue for the year ending April 30, 2026. #Update #Crypto $OP
Ondo Finance Faces Sale After Founder’s Death
Tokenization platform @OndoFinance was offered for sale following the death of founder Nathan Allman, sparking legal disputes over control and his estate’s ONDO tokens. #Update #Crypto
Zcash Miner Fortitude Launches Nasdaq Deal with Jaime Leverton
@Fortitude has appointed Jaime Leverton as CEO, expanding its focus on $ZEC mining. The company mined 72,696 ZEC in six months and reported $20.9M in Q2 revenue. #Update #Crypto $ZEC
Crypto Firm Keyrock Acquires Blockfills Lender
@Keyrock is set to acquire bankrupt crypto firm Blockfills for $3.25M, pending court approval. The deal includes most of Blockfills’ assets and technology. Hearing scheduled for June 16, 2026. #Update #Crypto
OKX Ventures Acquires $53M Stake in Coinone
@OKX Ventures will invest 80 billion won ($53 million) for a 19.6% stake in Coinone, alongside Korea Investment & Securities, pending regulatory approval. #Update #Crypto $USDT
Kraken Parent Payward Seeks $20B Funding
@Payward is raising new capital at a $20 billion valuation as Kraken prepares for an IPO, following recent acquisitions including Reap for $600M and Bitnomial for $550M. #Update #Crypto $BTC $ETH
Crypto Platform Bullish Acquires Equiniti for $4.25B
@Bullish has agreed to acquire Equiniti for $4.25 billion, enhancing its tokenized securities infrastructure and aiming for a comprehensive platform for blockchain-based capital markets. #Update #Crypto $BLSH
Kraken Acquires Bitnomial for $550 Million
@Payward has agreed to acquire derivatives platform @Bitnomial for up to $550 million, enhancing Kraken’s U.S. regulatory capabilities and infrastructure ahead of its IPO plans. #Update #Crypto $BTC $ETH
Blockfills Up for Sale After $75M Loss
@Blockfills, backed by Susquehanna, seeks a buyer after $75 million losses and halted withdrawals amid market downturn. Bitcoin trades under $70K, while Ether remains below $2K. #Update #Crypto $BTC $ETH
Korbit Acquisition Boosts Mirae Asset’s Crypto Strategy
@MiraeAsset is in talks to acquire 92% of South Korean exchange Korbit for up to 140 billion won ($97 million), marking its first venture into cryptocurrency. #Update #Crypto $KORBIT
Coinbase Acquires The Clearing Company for Prediction Markets
@Coinbase agrees to acquire The Clearing Company to enhance its prediction market, aiming for an all-in-one trading platform; deal expected to close in January. #Update #Crypto $COIN
Crypto Trading Boost as Hilbert Acquires Enigma
@HilbertGroup acquires Enigma Nordic for $32M, enhancing its algorithmic trading capabilities. The deal includes performance-based earn-outs and aims to integrate new strategies into its hedge fund offerings. #Update #Crypto $BTC