Mergers


Markets

Pudgy Penguins NFT Collection Looks to Next Chapter With $2.5M Sale

The collection of 8,888 digital penguins has been sold to LA-based entrepreneur Luca Netz in a 750 ETH deal.

Pudgy Penguins are a collection of 8,888 NFTs with proof of ownership stored on the Ethereum blockchain (OpenSea).

Finance

Bitcoin Miner PrimeBlock Plans to Go Public With $1.25B SPAC Merger

The deal is expected to close in the second half of this year.

Crypto mining machines. (lmstockwork/Shutterstock)

Finance

Galaxy Digital Tweaks BitGo Purchase Terms as It Awaits SEC Action

The acquisition was announced last May with an expectation of closing by the end of 2021.

Galaxy founder Mike Novogratz (Amir Hamja/Bloomberg via Getty Images)

Finance

Crypto Exchange Coincheck to List on Nasdaq via $1.25B Merger

The proposed listing will be through a deal with a blank check company.

Tokyo's Shinjuku neighborhood (segawa7/Shutterstock)

Tech

Ethereum Merge Takes Place on Kiln Testnet

Kiln is the final public testnet before Ethereum’s transition to a proof-of-stake network.

Ethereum digital currency (Getty Images)

Layer 2

Crypto Firms May Look at Traditional Finance Firms as M&A Targets

We asked several industry participants if Wall Street incumbents might start making deals for crypto companies. Some predicted the opposite.

(Daniel Lloyd Blunk-Fernández/Unsplash, modified by CoinDesk)

Finance

Crypto Custodian Fireblocks Acquires Stablecoin Firm First Digital

The move takes institution-focused Fireblocks into the business-to-consumer and cross-border payments spaces.

Fireblocks CEO Michael Shaulov (Fireblocks)

Finance

Crypto M&A Surged Nearly 5,000% in 2021, PwC Report Says

The average deal size more than tripled from 2020 to $179.7 million.

(CoinDesk archives)

Finance

Crypto Exchange Apifiny Going Public Through $530M SPAC Merger

The firm will list on the Nasdaq after combining with Abri SPAC I.

SPAC - Special Purpose Acquisition Company (zimmytwsvis via Getty images)

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