The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
"Stripe's recent valuation of $159 billion dwarfs PayPal's $43 billion market cap, which makes it feasible," Mizuho analysts said.
Founded in the 1990s, PayPal is considered a pioneer in facilitating internet payments and normalizing digital wallets.
The acquisition comes amid growing institutional interest in staking, particularly on Ethereum, where the amount of ETH sits at an all-time high.
The deal was funded through the issuance of Canaan shares valued at roughly $39.75 million, making Cipher a significant shareholder.
Last August, Bloomberg reported MARA would pay $168 million in cash to secure a 64% stake in Exaion from EDF Pulse Ventures.
Dome, which offers a unified API for prediction markets, was developed as part of startup accelerator Y Combinator’s Fall 2025 cohort.
Kraken acquired the token management platform Magna, marking the exchange’s sixth acquisition over the past 12 months.
Immunova is exercising a call option to acquire iOx Therapeutics Limited, a wholly owned AlphaTON subsidiary that develops cancer treatments.
David Bailey's bitcoin treasury company Nakamoto has agreed to acquire two other David Bailey-related companies, including BTC Inc.
Mirae Asset noted in its disclosure that the purpose of this acquisition is to "secure future growth momentum based on digital assets."
Sonic Labs, the team behind the high-throughput Layer 1, is looking to revamp how value accrues to its native S token.
Last year, Ripple invested "approximately $4 billion into the crypto ecosystem" through investments, mergers, and acquisitions.
Vyper said its infrastructure will be migrated to Pump.fun's Terminal and the Vyper product will eventually be sunset.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitwise CEO Hunter Horsley said staking is a key growth opportunity for clients holding spot crypto assets.
Payward derived about 47% of its revenue from trading operations and the remaining 53% from its growing list of other services.
Elon Musk's xAI is seeking to hire a crypto expert to train its AI models amid a merger with SpaceX ahead of an anticipated IPO.
Decentralized social protocols Farcaster and Lens have changed hands, and the debate over crypto social's future is back.
The company behind Farcaster plans to return the full $180 million it raised from venture capital investors, co-founder Dan Romero said.
Chainlink and Atlas will offer a loan liquidation auction tool for "non-toxic" MEV that pays both backrunning bots and protocols.
Decentralized social media infrastructure firm Neynar is acquiring Farcaster, the Ethereum-based protocol last valued at $1 billion.
Market onlookers have long speculated that Anchorage, the first federally chartered digital asset bank, was considering going public.
Sequence offers smart wallet routing for "1-click" cross-network transfers, while Coinme has secured U.S. money-transmitter licenses.
The Kraken-affiliated company was built for the purpose of effecting a merger with one or more operating businesses.
Bakkt is continuing its strategic pivot to provide “B2B2C” turnkey operator services through a stablecoin infrastructure acquisition.
The deal is expected to close in Q2 2026 and could give Coincheck ownership of 3iQ’s regulated crypto ETFs and fund platforms.
Last year, RTFKT said it would wind down following several successful drops that have brought in nearly $50 million in lifetime earnings.
TRES, founded in 2022 to provide "compliant, audit-ready financial records," will help round out Fireblocks' product suite.
The acquisition adds staking as a new business line under a newly launched infrastructure solutions division at The Tie.