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The Padre token slumped more than 76% as its price fell from above $0.076 to $0.011, with this coming after memecoin launchpad Pump.fun announced it had acquired the multichain trading terminal. The sharp decline came amid the acquisition, and related…
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Ripple has finalized its acquisition of Hidden Road and has renamed the prime brokerage firm it acquired in April 2025 as Ripple Prime. Ripple’s deal for Hidden Road made headlines across the crypto space, and the announcement that the acquisition…
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Aave Labs has acquired Stable Finance, a fintech company known for simplifying stablecoin savings. The move is a bid to translate Aave’s institutional DeFi success into accessible products for everyday users. According to an announcement on Oct. 23, Aave Labs…
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Hyperliquid Strategies Inc. has filed for a $1 billion U.S. IPO to acquire and stake more HYPE tokens. Hyperliquid Strategies Inc. has filed an S-1 registration statement with the U.S. Securities and Exchange Commission to raise up to $1 billion.…
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Mercer Park Opportunities Corp. is acquiring crypto platform Cube Group, in a merger deal set to create a $500 million Solana treasury company. Mercer Park, a special purpose acquisition company listed on the Toronto Stock Exchange, has announced its impending…
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Crypto trading platform FalconX is planning to acquire ETF asset manager firm 21Shares in one of the largest mergers in the cryptocurrency financial industry this year. According to a report by the Wall Street Journal, the digital asset trading platform…
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Ripple Labs is reportedly looking to raise at least $1 billion to fund an XRP accumulation strategy by establishing a digital-asset treasury. Sources familiar with the development have told Bloomberg that the fundraise would be executed via a special purpose…
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Ripple has acquired GTreasury, a leading treasury management platform, in a deal worth $1 billion. Ripple, whose traction across the cryptocurrency and blockchain industry sees it rank as one of the biggest players in the space, announced the acquisition of…
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Kraken has expanded its U.S. presence with the $100 million purchase of Small Exchange, a derivatives platform licensed by the Commodity Futures Trading Commission. The deal marks a key milestone in Kraken’s plan to build a fully regulated trading network,…
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Binance has finalized its long-delayed acquisition of South Korea’s Gopax exchange, clearing regulatory hurdles that had stalled the deal for over two years. Binance is finally on its way to re-enter the South Korean market after the acquisition, which has…
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Coinbase and Mastercard are in advanced talks to acquire London-based stablecoin startup BVNK for up to $2.5 billion. Two financial heavyweights are in a race to acquire one of the fastest-growing players in the stablecoin infrastructure space. According to multiple…
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Ondo Finance has acquired Oasis Pro, a move that transfers a comprehensive suite of SEC and FINRA licenses. This grants the blockchain technology company the in-house capability to build and operate a fully regulated market for tokenized securities. According to…
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Dunamu, the operator of South Korea’s largest crypto exchange Upbit, is set to become a wholly owned subsidiary of Naver Financial via a stock swap agreement that positions the two firms to create a super app that unifies crypto trading,…
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UK trading giant IG Group is set to acquire a 70% stake in Australian crypto exchange Independent Reserve in a A$178 million deal, pending regulatory approval in Australia and Singapore. IG Group to acquire majority stake in Independent Reserve UK-based…
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Monex Group has increased its ownership in Canadian digital asset manager 3iQ Digital Holdings to 97.8%, with the aim to grow its institutional crypto asset business. Monex Group, parent of TradeStation and Japanese crypto exchange Coincheck, has expanded its ownership…