Acquisitions
WonderFi Closes Acquisition of Crypto Trading Platform Coinberry
The Canadian crypto firm says it's open to more deals for firms hit by the crypto winter.

Ledn Makes Competing Bid for Troubled Crypto Lender BlockFi: Report
BlockFi CEO Zac Prince denied a story that his company had agreed to a sale to FTX for just $25 million.

Uniswap Labs Acquires NFT Startup Genie
The company behind Ethereum's popular DeFi trading hub plans to support the buying and selling of NFTs.

FTX Unit Buys Stock-Clearing Platform Embed to Expand Equity Trading Infrastructure
The acquisition is intended to aid FTX.US' equity trading ambitions.

FTX Agrees to Acquire Canadian Trading Platform Bitvo as It Eyes Regional Expansion
FTX's decision to acquire Bitvo comes after rival exchange Binance pulled out of Ontario amid regulatory pressure last year.

Animoca Brands Acquires Most of Educational Tech Company TinyTap for $38.9M
Hong Kong-based gaming investment firm Animoca made the acquisition one week after it revealed a $1.5 billion portfolio.

Nexo Proposes Celsius Buyout as Rival Lending Platform Halts Withdrawals
Celsius said it also paused its swap and transfer products and did not provide a timeline for resuming withdrawals.

Crypto SPACs Brace for Cruel Summer With Lower Valuations, SEC Scrutiny
Deals may need to get repriced, an industry investment banker told CoinDesk.

Bear Market Could See Some Crypto Miners Turning to M&A for Survival
Companies that have already survived the previous down market and have enough capital and a sound business strategy will be able to survive this cycle.

Binance-Supported Deal for Forbes to Go Public Via SPAC Is Called Off
Binance had invested $200 million in Forbes earlier this year as part of the plan.
