Acquisitions

Markets Daily Front Page Default
Bitcoin News Roundup for May 27, 2020
While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It's another episode of CoinDesk's the Markets...
Markets Daily Front Page Default

Coinbase CEO Brian Armstrong
Coinbase Buys Tagomi as 'Foundation' of Institutional Trading Arm
Crypto exchange Coinbase is finally acquiring Tagomi, a prime brokerage platform specializing in digital asset trading for institutional clients.
Coinbase CEO Brian Armstrong

PwC Global Crypto Lead Henri Arslanian image via CoinDesk archives
Crypto M&A and Fundraising Dropped Sharply in 2019: PwC Report
The value of crypto M&A deals last year dropped by a whopping 76 percent, according to a new report by PwC – down from $1.9 billion in 2018 to $451 million in 2019.
PwC Global Crypto Lead Henri Arslanian image via CoinDesk archives

DOUBLING DOWN: Binance CEO Changpeng “CZ” Zhao is pinning his hopes on a mass audience of individual investors. (Credit: CoinDesk archives)
'They Have the Users': Binance CEO Explains Why He Bought CoinMarketCap
"Even though their money generation mechanism is not as strong as Binance, they do have the users," CEO CZ tells CoinDesk. "It's a very valuable platform."
DOUBLING DOWN: Binance CEO Changpeng “CZ” Zhao is pinning his hopes on a mass audience of individual investors. (Credit: CoinDesk archives)

Breakdown2.5
What All These VC Deals and Acquisitions Say About the State of the Crypto Markets
Three funding announcements and three M&A deals give us a window into understanding what investors in the crypto space are most interested in.
Breakdown2.5

Joseph Lubin, ConsenSys founder, at CoinDesk's Consensus 2019
ConsenSys Acquires US Broker-Dealer in Bid to Tokenize Trillion-Dollar 'Muni' Bond Market
ConsenSys aims to use its new acquisition to offer tokenized municipal bonds in a market ripe for disruption.
Joseph Lubin, ConsenSys founder, at CoinDesk's Consensus 2019

kraken
Kraken Acquires One of Australia’s Longest-Running Crypto Exchanges
With its acquisition of Bit Trade, Kraken is making a major push into the Asia-Pacific region.
kraken

Coinbase CEO Brian Armstrong
Correction: Coinbase and Tagomi Deny Acquisition
A prior report that Tagomi had been acquired by Coinbase was incorrect, according to spokespeople at both companies.
Coinbase CEO Brian Armstrong

 ErisX's CEO Thomas Chippas (left) and Steven Quirk, executive vice president of Education TD Ameritrade speak at CoinDesk's Consensus in May 2019
What a Schwab-TD Ameritrade Merger Would Mean for Crypto
A takeover of TD Ameritrade by Charles Schwab would marry one of the few mainstream financial firms to embrace crypto with one whose stance is less clear.
 ErisX's CEO Thomas Chippas (left) and Steven Quirk, executive vice president of Education TD Ameritrade speak at CoinDesk's Consensus in May 2019

Binance CEO Changpeng Zhao
Binance Enters Indian Market With Acquisition of Crypto Exchange WazirX
Binance has made a move into India's potentially huge, but troubled, cryptocurrency market with the acquisition of the WazirX exchange platform.
Binance CEO Changpeng Zhao