Alchemy has acquired Solana developer DexterLab for an undisclosed amount, marking a strategic move to bolster its capabilities in decentralized finance. This acquisition is expected to enhance Alchemy’s offerings and strengthen its position in the rapidly evolving blockchain landscape.
Coinbase has entered into a $2.9 billion agreement to acquire Deribit, a prominent cryptocurrency options exchange. This strategic move aims to enhance Coinbase’s service offerings and solidify its position in the burgeoning U.S. crypto options market.
Securitize has announced its acquisition of MG Stover’s fund administration unit, positioning itself as the largest digital asset fund administrator. This strategic move enhances Securitize’s capabilities in managing diverse digital assets, boosting market competitiveness.
GameStop’s CEO, Ryan Cohen, has acquired $10 million in GME shares amidst the company’s announcement of a $1.48 billion plan to purchase Bitcoin. This strategic move signals a significant pivot towards digital assets, enhancing shareholder value.
Bitfarms has successfully completed its acquisition of Stronghold Digital Mining, enhancing its operational capacity and expanding its footprint in the cryptocurrency sector. This strategic move positions Bitfarms for growth amid the evolving Bitcoin mining landscape.
Coinbase has announced the acquisition of the Iron Fish team, aiming to enhance privacy features on its Base platform. This strategic move highlights Coinbase’s commitment to providing users with secure and private transactions in the evolving crypto landscape.
Coach parent Tapestry has announced the sale of the Stuart Weitzman footwear brand for $105 million, signaling a strategic shift in focus. This move aims to streamline operations and strengthen Tapestry’s core luxury offerings as it navigates a competitive market.
Digital identity startup Holonym has acquired Gitcoin Passport, a platform designed to enhance user verification within decentralized networks. This strategic move aims to bolster Holonym’s offerings in secure digital identity solutions, fostering trust in Web3 spaces.
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