Top crypto mergers and acquisitions of 2020

Amid the chaos that was 2020, crypto companies inked almost $700 million worth of mergers and acquisitions. The blockchain industry shrugged off the craziness of the 2020 pandemic, with many companies thriving in the “remote” working environments brought about by COVID-19. Almost $700 million in mergers and acquisitions took place in 2020 across 83 transactions.

Coinbase Acquires Routefire to Beef Up Institutional Bitcoin Offering

Leading US crypto exchange Coinbase has acquired trade execution startup Routefire.

Argentina’s Ripio Acquires Second-Largest Crypto Exchange in Brazil

Ripio has acquired BitcoinTrade in a bid to increase its footprint across the frothy Latin American crypto market.

PayPal Talks to Buy Crypto Firm BitGo Have Ended, Other Targets Eyed: Report

Talks regarding a possible acquisition by PayPal of bitcoin custodian BitGo have fallen through, Fortune reported, citing multiple sources.

Blockchain Bites: Google Goes Down, Nexus CEO and US Treasury Get Hacked

Yearn continues to rapidly expand through acquisitions, leading some to call it the Amazon of DeFi.

PayPal-Backed Identity Platform Acquired by Nevada’s Blockchains LLC

An identity management provider backed by PayPal, Foxconn and others has been acquired by Nevada-based holding company Blockchains LLC.

ConsenSys Acquires Blockchain Developer Toolmaker Truffle Suite

ConsenSys is adding dapp development platform Truffle Suite back to its lineup of wholly owned Ethereum tools.

Galaxy Digital Makes Twin Acquisitions in Bid to Strengthen Institutional Appeal

The cryptocurrency merchant bank has acquired a lending firm and a trading company as it seeks to become the "go to" platform for institutional access to digital assets, the firm said Friday.

Publicly Traded INX Crypto Exchange to Acquire Broker-Dealer Openfinance

INX Limited, a cryptocurrency exchange that went public on Ethereum last month, agreed to purchase US broker-dealer Openfinance Securities.

Securitize Goes License Shopping With Acquisition of SEC-Registered Broker-Dealer

Security token firm Securitize announced Thursday its planned acquisition of Distributed Technology Markets (DTM).

Americas' Share in Crypto M&A and Fundraising is Shrinking

The Americas are loosing their share in crypto mergers and acquisitions (M&A) and fundraising, according to major consulting company PwC. In

PwC Report Points to Banner Year for Crypto M&A and Fundraising Deals

The value of acquisitions in the first half of 2020 has already surpassed that of full year 2019, according to a new report by PwC.

Price analysis 10/7: BTC, ETH, XRP, BCH, BNB, DOT, LINK, LTC, CRO, BSV

Bitcoin and altcoins could remain range-bound for a few days as traders search for triggers that will start the next trending move. Crypto prices may be in a rut but that doesn’t mean product development and acquisitions cease to occur.

Rumors on Ripple Acquisitions Growing Among XRP Investors After Remarks From CEO Brad Garlinghouse

A statement dropped by Ripple CEO Bradley Garlinghouse in a recent episode of Ripple Drop is fueling speculation among XRP investors that the payment startup is on the cusp of announcing more acquisitions.

CB Insights Buys Blockdata to Build Out Blockchain Data Offering

New York City’s CB Insights is getting into the blockchain data game with the acquisition of Netherlands-based Blockdata.

DCG Enters Retail Crypto Market With Acquisition of Luno Wallet

Blockchain-focused investment firm Digital Currency Group has acquired Luno, a retail-focused cryptocurrency exchange with over five million customers.

Payment giants drive crypto adoption by engaging with startups

Companies like Visa and Mastercard are taking an interest in crypto startups to drive growth, but does this challenge the fundamentals of crypto? Financial services giants Visa and Mastercard have shown an increased interest in the trillion-dollar digital payment sector through their recent acquisitions of innovative fintechs.  In January this year, Visa acquired fintech firm Plaid for $5.3 billion.

FTX buying Blockfolio continues consolidation trend in crypto industry

Major crypto exchanges are consolidating smaller, niche services to expand their overall market reach. The past few months have seen a number of major crypto companies facilitate some serious big-money acquisitions.

Blockchain Bites: Major Acquisitions, Bitcoin Futures Liquidations and the SEC’s New Rules

FTX acquired Blockfolio, ConsenSys acquired Quorum and police have seized the third largest exchange in South Korea.

FTX Exchange’s $150M Deal for Mobile-First Blockfolio Is a Retail Trading Play

The deal is a strategic play for FTX, whose clientele consists largely of quants and professional traders, to attract more retail customers.

ConsenSys Acquires JP Morgan’s Quorum Blockchain

Quorum, the enterprise blockchain platform developed by mega-bank J.P.

cLabs Acquires Summa to Boost Crypto Interoperability on Celo

Token startup cLabs just acquired decentralized finance (DeFi) startup Summa, best known for its interoperability work with Bitcoin and Ethereum.