Crypto custody specialist Fireblocks denies it’s in talks to be acquired by Visa
The company is in talks with Visa over a potential $2.5 billion acquisition, Axios reported.
mergers and acquisitions
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
CEO Iana Dimitrova said OpenPayd aims to launch in the U.S. by April 2027 and is eyeing deals to add licenses and technology.
Someone was trying to sell Ondo Finance after founder Nathan Allman’s death
The company has vehemently denied that it was shopping for buyers. Allman’s estate declined to comment.
Crypto platform Gemini’s stock is down 80% from its IPO. That’s reviving takeover speculation
The crypto platform’s market value has fallen to about $753 million, putting fresh attention on the licenses, custody infrastructure and customer relationships a buyer could inherit.
Japanese financial services giant SBI Holdings to buy Bitbank for $289 million
SBI said the purchase of the crypto exchange is set to close in October.
Kraken in talks to buy 15% stake in DeFi lender Aave at $385 million valuation
The DeFi lender is rebuilding after the fallout from April’s KelpDAO exploit sparked a multibillion-dollar exodus of deposits despite Aave itself not being hacked.
Crypto investment firm Keyrock is acquiring bankrupt lender Blockfills
The Brussels-based digital asset services firm plans to purchase BlockFills months after the Chicago-based company filed for Chapter 11 bankruptcy, if a court approves.
OKX Ventures buys $53 million stake in Korea’s Coinone exchange
The crypto exchange’s investment arm and Korea Investment & Securities will each invest 80 billion won ($53 million) as Coinone pushes into stablecoins and tokenized securities.
Samsung units to buy $408 million stake in South Korea’s biggest crypto exchange
Samsung Securities is set to take a 2% stake in Dunamu, worth over $200 million, from affiliates of technology conglomerate Kakao.
Crypto custody firm Copper is looking to sell the company for $500 million
Cantor Fitzgerald has been appointed to help with the sale, according to sources.