Acquisitions

CDCROP: Train Tracks Merging
Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm
Ripple purchased custodian Metaco for $250 million, and regulatory and market conditions could lead to further deals, says Architect Partners.
CDCROP: Train Tracks Merging

Businesspeople stretching towards each other, on painted asphalt
Valuations and M&A Show Things Aren’t So Bad for Crypto
Two aspects of the crypto world, blockchain tech companies and exchanges and crypto miners, reveal that M&A activity is strong and that crypto-related companies have converged with the rest of tech, a sign that the digital-asset industry is maturing.
Businesspeople stretching towards each other, on painted asphalt

A Bitfarms mining facility in Washington state, U.S. (Eliza Gkritsi/CoinDesk)
Bitcoin Miner Mawson to Sell Texas Sites for $8.5M to Singapore Fund Manager
The funds will go toward reducing Mawson's debt and fueling growth.
A Bitfarms mining facility in Washington state, U.S. (Eliza Gkritsi/CoinDesk)

Silhouette of business people negotiating at meeting table
GMO Financial Holdings Buys 10% of Crypto Hedge Fund AWR Capital
AWR also hired Phillip Gillespie, former CEO of crypto market maker B2C2, as managing partner to lead its business development strategy.
Silhouette of business people negotiating at meeting table

Sale ZipZap
Crypto Exchange Ziglu Courting Buyers After Robinhood Deal Collapses: Report
Ziglu is also looking to raise $2.5 million to enable it to continue operating until it finds a buyer.
Sale ZipZap

Flowing River Rough Waters (Shutterstock)
Coinbase Acquires One River Digital Asset Management
The crypto exchange is expanding its move beyond the core business of retail trading.
Flowing River Rough Waters (Shutterstock)

GK8 co-founders CTO Shahar Shamai and CEO Lior Lamesh (Galaxy Digital)
Galaxy Digital Closes $44M Acquisition of Self-Custody Platform GK8
The self-custody platform was an asset of bankrupt crypto lender Celsius.
GK8 co-founders CTO Shahar Shamai and CEO Lior Lamesh (Galaxy Digital)

bricks
ConsenSys Acquires Easy-to-Use Blockchain Notification Tool 'Hal' to Strengthen Web3 Development
The deal, financial terms of which were not made public, will bring 10 Hal employees to the developer.
bricks

Tallinn, Estonia (Pawel Toczynski/Getty Images)
Crypto Exchange Coinmetro Buys Social Fundraising Platform Ignium
With the acquisition, the Estonia-based crypto exchange intends to broaden its securities market offerings and develop tools for small businesses to raise funds directly from their communities using non-fungible tokens.
Tallinn, Estonia (Pawel Toczynski/Getty Images)

Digihost power plant North Tonawanda New York
Bitcoin Miner Digihost Completes Controversial Power Plant Acquisition, Doubling Energy Capacity
Environmental groups oppose the transaction on the grounds that it impedes New York's greenhouse gas emissions goals.
Digihost power plant North Tonawanda New York