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Mergers
Robinhood CEO Shuts Down FTX M&A Chatter, Says He Has Money to Do His Own Deals
Robinhood has $6 billion in cash should the brokerage want to explore potential acquisitions, CEO Vlad Tenev said Wednesday.

Musk Scraps $44B Deal to Buy Twitter, Prompting Board to Threaten Suit
The billionaire believes the number of false and spam accounts counted in the social media platform's monetizable daily active users is "wildly" above 5.%

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.

Gaming Firm Admix Reaches $300M Valuation Following Merger, Rebrand
Admix has teamed up with the metaverse's biggest building company, LandVault, to recruit major brands to the metaverse.

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.

Associations for Blockchain Technology, Digital Assets Adoption to Merge
The combined entity, to be named Global Blockchain Business Council, are merging to a 500-member institution, with teams across EMEA and APAC.

Marathon’s Thiel Says Company Not for Sale, as M&A Chatter Picks Up Among Crypto Miners
CoinDesk spoke to the CEOs of Marathon Digital and Bitfarms at last week’s Bitcoin 2022 Conference.

Gryphon Digital Mining Ends Plans to Go Public Through Merger With Sphere 3D
The companies agreed to terminate their agreement, which was first announced in June.
