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Acquisitions

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.

Galaxy Digital Acquires Two Crypto Trading Firms

  • Together, the three companies will form an impressive regional crypto-trading hub in Chicago.
  • The CEOs of the acquired companies, Jason Urban and Andrew Karos, will both join Galaxy Digital Trading’s leadership team.

PayPal Reportedly In Acquisition Talks With BitGo

  • Considering PayPal's new crypto offering would in effect make it a custodian, the firm's reported interest in BitGo is not surprising.
  • The anonymous sources did however say that a deal between the two is far from certain, and that "PayPal could opt to buy other targets".

FTX Acquires Blockfolio For $150 Million

  • The goal is to create a new standard for quality in retail experiences, while releasing innovative new products and features.
  • FTX’s CEO has declared the company’s intentions to further expand Blockfolio and scale up its value.

Crypto Debit Card Provider Swipe Acquired By Binance

  • The acquisition will help the two companies work together on bridging the gap between fiat and digital assets.
  • Though the acquisition was made for an undisclosed amount, the two firms have already listed each other's native tokens on their respective platforms.

Coinbase Acquires Crypto Brokerage Tagomi

  • Though the specifics of the purchase remain unknown, the two firms did say the deal is expected to be finalized later this year.
  • Since its launch 18 months ago, Tagomi has attracted clients such as Paradigm, Pantera, Bitwise and Muticoin.