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Acquisitions
Crypto Lender Vauld Seeks to End Nexo's Purchase Agreement After Rejecting Revised Offer
Vauld believes that the latest acquisition proposal by its fellow lender "would not be in the best interests" of its creditors.
Crypto Lender Nexo Canvasses Vauld Creditors Directly With Final Takeover Offer
In an open letter, Nexo said earlier offers were misrepresented and it wanted to deal directly with the creditors.
Crypto Lender Vauld Calls Off Potential Acquisition by Rival Nexo
Vauld applied in Singapore for protection from creditors in July and signed an initial agreement with Nexo the same month. Nexo, however, said talks are still taking place.
FTX's Blockfolio Stake Was Paid for Mostly in FTT: Bloomberg
Around 94% of the $84 million FTX paid for its majority stake in Blockfolio was in the FTT token it invented.
Bitcoin Group Agrees to Buy German Bank Bankhaus von der Heydt for More Than $15M
The transaction is expected to be completed by the third quarter of 2023.
Binance Enters Japan With Acquisition of Regulated Crypto Exchange Sakura
Japan's financial services regulator was one of several that last year issued warnings saying Binance was not licensed to operate in its market.
Bernstein: Binance-FTX Deal May Attract Antitrust Regulators’ Attention
The combined company would have a more than 80% share of the global crypto market, a report from the firm said.
Binance CEO Zhao Considering Buying Banks: Report
Zhao wants his crypto exchange to become a bridge between traditional finance and crypto, according to a Bloomberg report.
Singapore-Based Digital Marketplace Alta Acquires Hg Exchange
The digital securities exchange uses blockchain technology to make it easer to put money into alternative investments.
Binance’s CEO Confirms Participating as Equity Investor in Musk’s Twitter Takeover
Changpeng Zhao said Binance had wired some $500 million “two days ago” as part of the move.
