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Italian Payments Giants Merging to Form New Entity That Will Dominate Local Market
5.10.2020
The new group will reportedly have an estimated 70% share of the Italian market
GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion
18.9.2020
California-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp. in a deal worth $40 billion. Nvidia, which specializes in making hardware for video game consoles and the crypto mining sector, said in a press release that it would pay Softbank a combination...
Diginex Moves Closer to Backdoor Nasdaq Listing With Merger Approval
16.9.2020
The blockchain services firm is officially merging with publicly traded 8i Enterprises Acquisition Corp., a key part of its plan for a "backdoor" listing
European Crypto Tax Companies Announce Merger to Power US Expansion
8.9.2020
The merger means Blockpit and Crypto Tax can look at taking their newly combined regtech offering to the lucrative U.S. market
Crypto Exchange FTX Buys Blockfolio for $150 Million in Effort To Expand Retail Presence
27.8.2020
Cryptocurrency derivatives exchange FTX has acquired the popular portfolio tracking app Blockfolio for $150 million in a bid to gain a foothold in the crypto retail market. The deal – consummated after nine months of negotiation – was settled using a combination of cash, crypto,...
Crypto Investor Ribbit Files USD 350m IPO, Set for Possible Mergers
26.8.2020
Aiming for potential future mergers with related companies, Ribbit LEAP, a newly-formed business offshoot from early bitcoin (BTC) venture capital firm Ribbit Capital, has filed for a USD 350 million Initial Public Offering (IPO) with the US Securities and Exchange Commission (SEC).
The IPO filing...
Diginex Steps Closer to Backdoor Nasdaq Listing as SEC Approves Merger
25.2.2020
Diginex aims to merge with publicly traded firm 8i Enterprises, clearing the path for a backdoor listing on Nasdaq
What All These VC Deals and Acquisitions Say About the State of the Crypto Markets
5.2.2020
Three funding announcements and three M&A deals give us a window into understanding what investors in the crypto space are most interested in
Coinbase Denies Report of $150M Acquisition of Tagomi Brokerage Firm
29.11.2019
Coinbase cryptocurrency exchange has denied reports that it acquired digital currency brokerage firm Tagomi for $150 million
Bank Crisis Spreads in India – Deaths, Strike, Supreme Court Denial
23.10.2019
The Indian banking sector is facing multiple challenges. Customers of several cooperative banks are still struggling to withdraw their money, and deaths have been reported in connection with withdrawal restrictions. Meanwhile, some 300,000 state-run bank employees are on strike against what...
India Announces Multiple Mega-Mergers of State-Owned Banks in Latest Attempt to Spur Growth
31.8.2019
India is one of the handfuls of nations in which publicly owned banks still make up the major chunk of the financial system and while it has its merits, it has its demerits as well. In recent years, some of the biggest public sector banks in the country have been encircled with bad loans...