The bank said investors are likely to vote down the deal on Oct. 30, betting Core Scientific can create more value on its own.
Acquisition brings Stable’s consumer app expertise to Aave Labs as it builds mainstream DeFi products.
Inveniam will integrate the company's decentralized cloud technology into its platform, while Storj retains its operations and leadership.
The deal, terms of which were not disclosed, will allow FalconX to expand beyond market making and liquidity services into issuing crypto ETFs.
The crypto trading platform and wallet provider is being advised by Cohen & Company Capital Markets, according to a person familiar wih the matter.
The deal brings together CoinRoutes’ execution technology with QIS Risk’s portfolio and risk management tools.
The deal would bring Upbit's parent Dunamu under the umbrella of Naver Financial.
Semler (SMLR) rose to just $32.06 yesterday even as the implied acquisition value was above $86, an unusually wide arbitrage spread, said analyst Mark Palmer.
The acquisition combines RedStone’s real-time market data with Credora’s DeFi credit ratings expertise.
The Gemini co-founders are supporting Netherlands-based Treasury BV as it pursues a reverse listing on Euronext Amsterdam to become Europe’s leading bitcoin treasury company.
Aplo, a prime broker specializing in digital assets trading, is regulated in France by the Autorité des Marchés Financiers (AMF).
Benchmark analyst Mark Palmer hiked his Hut 8 price target to $36 from $33, while reiterating his buy rating on the stock.
LayerZero’s $110 million token-swap offer faces competition as Wormhole pushes for a delay in Stargate’s governance vote to submit a higher bid.
The purchase brings text-based strategy design, testing and automation to Kraken Pro users.
The Trump family’s crypto footprint is widening, and now dogecoin is part of the mix.
The bank reiterated its buy rating on CORZ and raised its price target for the bitcoin miner to $22 from $16 to reflect the CoreWeave acquisition.
The broker has an outperform rating on MARA stock with a $28 price target.
The plan would see all STG tokens converted into ZRO at a fixed rate, effectively retiring STG as a standalone governance and rewards token.
Two Seas Capital has come out against Core Scientific's proposed all-stock acquisition by AI cloud provider CoreWeave.
The Rail acquisition is a way for Ripple to delve deeper into the fast-growing stablecoin ecosystem after launching its RLUSD stablecoin.
CoinDCX's CEO denied reports of a potential acquisition by Coinbase, emphasizing the company's focus on India.
The technology firm sold its loyalty business for $11 million and announced a public share offering to fund bitcoin purchases.
The UK-regulated platform adds German crypto manager DDA, gaining BaFin permissions and $70 million AUM.
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.