Crypto exchange Gemini is introducing a prime brokerage following the acquisition of trading technology platform Omniex less than a week after it bought digital-asset management company Bitria as it looks to attract more institutional investors.Terms for the Omniex acquisition announced Wednesday were not disclosed. Omniex provides order, execution and portfolio management … [Read more...] about Gemini Introduces Prime Brokerage Following Second Acquisition in a Week
Acquisition
Microsoft Bets on ‘Metaverse’ With $69B Acquisition of Activision Blizzard
Microsoft today announced it is acquiring game publisher Activision Blizzard in a nearly $69 billion all-cash deal. The acquisition is being widely seen as a big bet to keep Microsoft competitive in the burgeoning metaverse space. On today’s episode, NLW gives the background and explores the emerging battle between the corporate and the open metaverses. Source link … [Read more...] about Microsoft Bets on ‘Metaverse’ With $69B Acquisition of Activision Blizzard
Parent Company of Brazil’s Largest Crypto Exchange Enters Europe With Portuguese Acquisition
The acquisition, which is step one in 2TM’s plans to expand into Europe, still needs approval from Portugal's Central Bank, 2TM told CoinDesk in a written statement, although the company expects that to occur “within the next couple of months.” Source link … [Read more...] about Parent Company of Brazil’s Largest Crypto Exchange Enters Europe With Portuguese Acquisition
INX Continues Spending Spree With Tokensoft Transfer Agent Acquisition
Transfer agents facilitate securities transactions with issuers, ensuring records are accurate and supporting other tasks like issuing certificates. TTA was previously the transfer agent for INX when it raised an estimated $85 million in an initial public offering on the Ethereum blockchain. TTA in particular has been involved in supporting the INX token, which was part of the … [Read more...] about INX Continues Spending Spree With Tokensoft Transfer Agent Acquisition
BCB Group Expands in Europe With Acquisition of 100-Year-Old German Bank
BCB Group, the crypto-dedicated payments services provider, has acquired fintech-focused Sutor Bank, gaining control of a German bank to drive its expansion in the European Union.Terms of the deal, which requires approval from the German regulator, BaFin, were not disclosed. BCB said it expects the transaction to be cleared by the end of February.“Adding a fully licensed bank … [Read more...] about BCB Group Expands in Europe With Acquisition of 100-Year-Old German Bank