Former acting CFTC Chair Caroline Pham will lead MoonPay's new division focused on banks, asset managers, and trading firms.
Sunil Sabharwal served as a Senate-confirmed U.S. representative to the International Monetary Fund between 2016 and 2018.
Kraken parent Payward has agreed to buy Bitnomial for up to $550 million, securing a fully CFTC-licensed U.S. crypto derivatives venue.
eToro has agreed to acquire crypto wallet startup Zengo for $70 million, adding self-custody and Web3 capabilities after a New York debut.
Following the close of the deal, its new crypto arm will be called Franklin Crypto, with strategies focused on institutional investors.
CoinShares joins a growing wave of crypto firms tapping U.S. public markets after its $1.2 billion SPAC merger announced last September.
Mizuho maintained its outperform rating and kept a price target of $666 following news of Mastercard's BVNK acquisition.
IDEX is a decentralized exchange that combines a traditional centralized-style order book with an automated market maker.
Brahma might be able to bolster liquidity for Polymarket's lower-profile wagers that do not attract large pools of capital.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
GSR, one of crypto's largest market makers, has acquired token launch platform Autonomous and crypto advisory firm Architech.
Mastercard said it will acquire stablecoin infrastructure firm BVNK for up to $1.8 billion to link onchain and fiat payment rails.
Abra plans to go public through a SPAC merger with New Providence Acquisition Corp. III at a $750 million valuation.
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.