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Acquisitions

CoinShares Acquires ETF Index Business

  • CoinShares will acquire Elwood's entire issued capital for $17 million.
  • Elwood's equity research team will join CoinShares, but not changes will be implemented to the Elwood Index or the Invesco Blockchain ETF.

Celsius Acquires Serbian Blockchain Development Startup MVP Workshop

  • Nearly 50 of MVP Workshop's engineers and designers will form a Celsius development center in Belgrade.
  • The Serbian startup has been working with Celsius for more than three years.

MoonPay Acquires Stake in BCB Group

  • Through the investment, MoonPay will become a strategic partner of business accounts and trading services provider BCB Group.
  • The two companies will work together to enable additional fiat rails and expand their crypto offering.

Gemini Boosts Custody Security With Shard X Acquisition

  • Shard X's MPC cryptographic technology is considered more secure, as it private keys are broken into shards and distributed to various parties.
  • While the terms of the deal have remained undisclosed, all three members of Shard X will become part of Gemini's U.K. affiliate.

Galaxy Digital To Acquire BitGo for $1.2 Billion

  • BitGo shareholders will get 33.8 million of newly issued Galaxy Digital common stock and $256 million in cash.
  • The acquisition is expected to close in Q4 2021.

Swedish Exchange Safello Acquires Bitcoin.se

  • The educational platfotm will help Safello increase profitability and grow its customer base.
  • This is the latest major announcement coming from the Safello team ahead of the upcoming Nasdaq listing in Q2 2021.

PayPal Acquires Crypto Security Company Curv

  • A source close to the matter revealed that the deal was worth less than $200 million.
  • Curv will join PayPal's newly formed unit focused on blockchain, crypto, and digital assets.

Brave Search: Privacy-Focused Alternative to Google

  • Brave Search will use Tailcat's technology, which Brave acquired recently, to provide its users with privacy and transparent web surfing.
  • Tailcat is built on top of a completely independent index and does not collect IP addresses or personal data to improve search results.

Coinbase Acquires Trade Execution Startup Routefire

  • The terms of the deal are not yet unveiled.
  • Routefire thanked its users and shared its future goals as part of the announcement.

Gaming Giant Nexon to Acquire Bithumb

  • According to local media, the gaming company will acquire a 65% stake in Bithumb at an evaluated price of $460 million.
  • If successful in its acquisition, Nixon will become the owner of three crypto exchanges, having previously acquired Bitstamp and Korbit.