Ondo Finance weighs acquisition worth up to $500 million
Summary Ondo Finance is evaluating a potential $250 million-$500 million acquisition, as reported by a
Institutional crypto trading platform LMAX is exploring sale, IPO
Summary Institutional trading platform LMAX is working with advisers Morgan Stanley and Stifel’s investment bank,
Crypto market maker B2C2 held sale talks with multiple potential buyers
Summary B2C2, the crypto market maker 90% owned by SBI Holdings, has held takeover talks
Keyrock acquires BlockFills trading assets to expand institutional crypto business
Summary Keyrock acquired the trading and brokerage assets of BlockFills’ institutional digital asset business. The
Stripe mounts blockbuster $53 billion bid to buy PayPal
Summary Stripe offered to buy PayPal in a $53 billion deal alongside private equity firm
Kalshi and Polymarket could become M&A targets as prediction markets consolidate: Bernstein
Summary Bernstein said vertically integrated prediction market platforms are setting the stage for increased M&A
FundBank becomes IRACE Digital in bid to bridge traditional finance and crypto
Summary FundBank has rebranded as IRACE Digital and acquired Cayman Islands-based Tenet Bank. The deal
SBI’s $289 million Bitbank deal is symptomatic of Japan’s crypto consolidation: Architect Partners
Summary Architect Partners said SBI is buying regulated scale, not earnings, as Japan’s tougher rules
Japanese financial services giant SBI Holdings to buy Bitbank for $289 million
Summary SBI Holdings said it agreed to buy cryptocurrency exchange Bitbank for around $289 million.
Kraken in talks to buy 15% stake in DeFi lender Aave at $385 million valuation
Summary Kraken is evaluating a deal to acquire a 15% stake in DeFi lending protocol
