Copper, the UK-based institutional digital asset infrastructure provider, has acquired Securrency Capital Limited, a full-service, regulated blockchain-enabled brokerage firm offering digital securities trading based in the Abu Dhabi Global Market (ADGM). Securrency Capital’s platform, powered by Securrency’s digital asset infrastructure and compliance solutions, provides investors with access to global securities, delivering 24/7 trading with near-real…
Category: M&A
Fireblocks acquires BlockFold
Fireblocks has acquired BlockFold, a smart contract development and consulting firm specialising in tokenisation projects for financial institutions. The acquisition enhances Fireblocks’ tokenisation capabilities to provide clients with a complete service layer that includes advisory, token customisation, orchestration, and distribution through the Fireblocks Network. Fireblocks will continue collaborating with its tokenisation partners Bitbond, Securitize, Securrency,…
BitGo negotiating to buy Prime Trust parent
BitGo Holdings, Inc., a provider of solutions for the digital asset economy, has signed a non-binding term sheet to acquire 100pct of the equity of Prime Core Technologies, Inc., the parent company of Prime Trust, the struggling provider of financial infrastructure for fintech and digital asset innovators. Under the proposed transaction: Prime Trust’s Nevada Trust…
Ripple acquires Metaco
Ripple, the UK-based fintech specialising in enterprise blockchain and crypto solutions, has acquired Metaco, a Swiss-based provider of digital asset custody and tokenisation technology. Ripple, which has primarily operated in the cross-border payments space, will expand its offerings, providing clients with the technology to issue, settle and safekeep any type of tokenised asset. Metaco will…
Galaxy closes GK8 acquisition
Galaxy Digital Holdings, the financial services and investment management provider in the digital asset, cryptocurrency, and blockchain technology sectors, has completed its acquisition of substantially all of the assets of GK8, an institutional digital asset custody platform, for approximately USD44m. With the backing of Galaxy, GK8 will continue to develop and offer its digital asset…
Lukka acquires Venato
Lukka, the institutional crypto asset data and data management provider, has acquired the Web3 blockchain analytics capability, Venato. As part of the acquisition, Lukka is bringing in Venato’s R&D and engineering team with deep blockchain, Web3, and decentralized finance (DeFi) development experience to build out existing capabilities and integrate the platform with existing Lukka products.…
Galaxy wins auction to acquire GK8
Galaxy Digital Holdings Ltd., a financial services and investment management provider in the digital asset, cryptocurrency, and blockchain technology sectors, intends to acquire GK8, a secure institutional digital asset self-custody platform. The acquisition will be the result of a sale process executed in connection with Celsius Network LLC‘s Chapter 11 bankruptcy and is subject to…
Nexo takes stake in U.S. bank
Nexo, the UK-based regulated institution for digital assets, has acquired a stake in Hulett Bancorp (DBA Mode Eleven) and its federally chartered Summit National Bank, in a transaction that expands Nexo’s footprint in the U.S. The deal will allow Nexo to offer its U.S. retail and institutional clients services that include bank accounts, asset-backed loans,…
PolySign to acquire MG Stover
PolySign Inc., the U.S.-based digital assets fintech, has agreed to acquire MG Stover, a U.S.-based alternatives administrator with >USD40bn in digital assets under administration, believed to the world’s largest. The acquisition will enable PolySign “to deliver a comprehensive, vertically integrated custody, trading and administration offering to institutional investors for cryptocurrency and digital assets”. PolySign expects…
Bitpanda acquires Trustology
Bitpanda, the Swiss-based crypto asset services provider, has acquired Trustology, the UK-based provider of trust and custody services for digital assets. Bitpanda will rebrand as Bitpanda Custody as a result of the deal. Bitpanda’s digital asset exchange now commits to offset custody fees, bringing them down to zero for users on Bitpanda. The deal also…