Mergers


Tech

2 Ethereum Projects Are Officially Merging; 'Keanu' Aims for August Launch

Keep and NuCypher have agreed to merge their protocols into a DAO. Coming soon: a more capital-efficient version of Keep's bitcoin-on-Ethereum token, tBTC.

Movie star Keanu Reeves in 2014.

Markets

Gryphon Digital Mining to Become Publicly Traded on Nasdaq Via Merger With Sphere 3D

Based on the current price of Sphere's shares, the merger is valued at $184.3 million.

handshake2

Markets

Galaxy Digital to Buy BitGo for About $1.2B in Stock, Cash

The acquisition comes as Galaxy Digital plans a U.S. listing later this year.

Galaxy CEO Mike Novogratz

Markets

Crypto M&A Doubled to $1.1B in 2020: PwC

The average deal size went from $19.2 million in 2019 to $52.7 million in 2020, with a greater share of activity taking place in Europe and Asia.

pwc

Finance

Greenidge to Merge, Becoming First Publicly Traded Bitcoin Miner With a Power Plant

Greenidge's holding company announced the planned merger with Nasdaq-listed Support.com Monday.

Greenidge Generation's bitcoin mining facility.

Markets

Goldman Digital Asset Lead Sees Mergers Ahead for Crypto Infrastructure Providers

As institutional appetite for bitcoin grows, "incumbent banks" will look for ways to satisfy that demand, a Goldman Sachs industry lead says.

Goldman Sachs Tower

Finance

Japan's SBI in Talks Over Joint Venture to Make Crypto a Core Revenue: Source

SBI founder and CEO Yoshitaka Kitao said his firm would turn the planned crypto venture into a core source of profitability.

SBI Holdings

Finance

NYDIG Acquires Digital Assets Data

The acquisition bolsters NYDIG's data offerings as it continues to build out an institutional client base.

New York

Finance

Bitcoin Exchange Bakkt to Become Publicly Traded With $2.1B Valuation Via Merger

The combined company will be called "Bakkt Holdings" and will be listed on the New York Stock Exchange with an expected valuation of $2.1 billion.

New York Stock Exchange

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