The combination will create an integrated data and investment management platform for trading cryptocurrencies.
Leshner said he plans to dismiss the firm's leadership and explore "strategic transactions" to turn the company around.
The deal, however, appears to be a "one-off," and unlikely to be replicated.
The firm's analysts expect shareholder approval for the transaction, with no indication of delays to the closing timeline.
Deal valued at $20.40/share marks second acquisition attempt; KBW sees limited upside for Core Scientific shareholders.
The deal aligns with CoreWeave's post-IPO growth strategy, leveraging its strong equity position to drive large-scale M&A, according to the investment bank.
The deal, pending regulatory approval, would give Ondo licenses to operate a broker-dealer, ATS and transfer agent for digital securities in the U.S.
Terms of the deal remain undisclosed.
The acquisition is 0x’s first since the firm’s founding in 2017.
The firm has advised on 120 transactions with over $150 billion of deal value across fintech, market structure, and exchanges since 2015.
The company has raised $710 million to pursue its bitcoin treasury strategy.
The newly formed Sentora aims to offer a compliant DeFi platform for sophisticated investors looking for yield, liquidity and risk management.
The USDT issuer first bought a stake in the bitcoin mining company in May 2024.
Discussions are at an early stage and the Binance-backed travel platform may decide to remain independent, people close to the matter said.
Bids for the Swiss crypto firm are due by Jan. 24, people close to the process said.
"A lot of the projects that have done the best [in 2024] have been meme token projects," EARN'M co-founder Dan Novaes told Cointelegraph.
Paxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland.
Bridge acquired Triangle for an undisclosed amount.
The completion of the acquisition is subject to regulatory approval in Spain.
The company will also become one of the first validators on the Berachain mainnet.
The company received takeover interest from a potential investor while conducting a Series B funding round.
The acquisition of ETC Group's $1 billion in assets under management takes Bitwise's AUM above $4.5 billion.
Riot will have the second-largest capacity among U.S. listed bitcoin miners following the acquisition, and the deal serves as the latest evaluation of underdeveloped power assets, the report said.
Valdi allows customers to use available GPU compute cycles in data centers across the world.
The digital asset industry added more than $750 billion in value in the first half of the year, the report said.
Riot is Bitfarms' largest shareholder, owning 14.9% of the firm.
Crypto is becoming an increasingly important part of Robinhood’s business, accounting for 20% of total revenue in the first quarter, the report said.
The stocks are undervalued, so miners with attractive power contracts could become M&A targets, according to Wall Street analysts.