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acquisition
First Citizens to Buy Much of Silicon Valley Bank, Assuming $72B in Loans, $56B in Deposits
The Federal Deposit Insurance Corp. also acquired equity appreciation rights in the parent of First Citizens Bank, which are potentially worth up to $500 million.

First Citizens to Buy Silicon Valley Bank: Bloomberg
SVB, a bankrupt lender, was the bank for some big crypto firms, including Circle Internal Financial.

Asset Managers Blackstone, Apollo Eyeing SVB Assets: Bloomberg
Silicon Valley Bank collapsed last week following a $42 billion bank run after it announced plans to sell $2.24 billion in new shares.

HSBC Subsidiary to Acquire Silicon Valley Bank's UK Unit for 1 British Pound
Depositors will be protected, the U.K. government said, as it seeks to limit wider economic fallout from the bank's collapse.

Binance Re-Enters South Korea by Buying Majority Stake in Crypto Exchange GOPAX
The acquisition sees Binance re-enter the South Korean market, having closed its affiliate there in December 2020 due to low usage.

Banking Startup LevelField Aims to Become First FDIC-Insured Institution to Offer Crypto Services
LevelField inched closer to its goal of offering both traditional and crypto banking services following its acquisition of the FDIC-insured Burling Bank.

NFT Management Application Floor Acquires Data Platform WGMI.io
The move will make the Floor user experience more expansive by showcasing data to help educate traders.

NFT Collection Doodles Acquires Emmy-Nominated Animation Studio
The deal for Golden Wolf brings the project's founder, Ingi Erlingsson, into Doodles' fold.

Binance.US Agrees to Buy Voyager's Assets for $1.02B
The agreement comes after CoinDesk had reported last month that Binance was preparing a bid for Voyager's assets.

Binance Finalizes Acquisition of Indonesian Crypto Trading Firm Tokocrypto
Tokocrypto's CEO will step down and 58% of staff will be laid off as part of the deal, says Tokocrypto spokesperson.
