Acquisition

Aptos (APT) soared over 10% in the last 24 hours following Aptos Labs’ acquisition of HashPallete. The token is leading the market after becoming the largest gainer among the top 100 cryptocurrencies by market capitalization. Aptos To Expand Its Presence In Asia On Thursday, Aptos Labs, the developer of the Aptos network, announced it had agreed to acquire the Japanese Blockchain developer HashPallete, the company behind Japan’s Palette Chain and a subsidiary of HashPort Inc. The agreement aims to become…

Business intelligence firm MicroStrategy, led by Bitcoin (BTC) bull Michael Saylor, announced on Friday a successful $1.01 billion raise through the sale of convertible senior notes, a strategic move aimed at acquiring more BTC and redeeming higher-yielding securities. MicroStrategy Invests Additional $458 Million In BTC Of the funds raised, MicroStrategy allocated $458 million to purchase additional Bitcoin between September 13 and September 19, further bolstering its position as the cryptocurrency’s largest publicly traded corporate holder. As of September 19, the…

Singapore, Singapore, August 20th, 2024, Chainwire PEXX, an innovative fintech startup specialising in stablecoin cross-border payments, is excited to announce the acquisition of Singapore-based blockchain media platform, Chain Debrief for an undisclosed amount, following its successful raise of $4.5 million led by TNB Aura and ANTLER. This strategic move aligns with PEXX’s commitment to expanding its footprint and fostering deeper engagement within the global blockchain community. "The acquisition of Chain Debrief represents a significant milestone in PEXX's journey to revolutionise…

WILLEMSTAD, Curacao, August 5th, 2024, Chainwire BC.GAME and Cloud9 Esports extend their existing partnership with Cloud9’s acquisition of the Dota 2 esports team Entity.  As part of the deal, the European-based Entity has been renamed Cloud9 BC.GAME Dota 2. Entity is a prominent European Dota 2 team known for its strong performance and high rankings in the competitive Dota 2 scene. The team has consistently demonstrated its prowess in various tournaments and achieved impressive global rankings, recently securing first place…

The post Bitcoin ETF Whales Likely To Invest Major Capital In BTC Acquisition: Blackrock appeared first on Coinpedia Fintech News According to Adam Back, Blockstream CEO, in a post on X, the market should anticipate institutional investors with huge buying power to dominate the market. With $5 trillion worth of funds, Bitcoin ETF whales are likely to invest a majority of the capital into Bitcoin acquisition and consolidating their positions. Analysts say that BlackRock, with its over $10 trillion AUM,…

Marathon Digital (MARA), one of the largest Bitcoin (BTC) mining companies, has recently announced a substantial acquisition of $100 million worth of Bitcoin.  This significant purchase, detailed in a recent company statement, has increased Marathon’s Bitcoin holdings to over $1 billion at current prices, showing the company’s confidence in the future price appreciation of the largest cryptocurrency on the market. Is Bitcoin The ‘World’s Best Treasury Reserve Asset’? According to the company’s announcement on Thursday, by adopting a “HODL” strategy,…

The post Sony Steps Into Crypto Arena with Amber Japan Acquisition appeared first on Coinpedia Fintech News Sony, the global tech giant known for its music, gaming, and camera work, is boldly moving into the cryptocurrency market. A shocking revelation: The company announced its acquisition of Amber Japan, a prominent crypto trading platform, marking its official entry into the cryptocurrency exchange sector. Sony’s New Cryptocurrency Venture According to the local news, Sony, with a $100 billion market cap, has taken…

The post Sony Group Officially Enters Crypto Market With Amber Japan Acquisition appeared first on Coinpedia Fintech News By acquiring Amber Japan, the Japanese subsidiary of the global Amber Group which provides regulated digital asset trading services, Sony Group has officially entered the crypto exchange market. The latest move is a part of Sony’s strategy to diversify its portfolio, which already boasts a market value exceeding $100 billion. Notably, In March 2023, Sony filed a patent for an ‘NFT Framework…

The post Robinhood Acquisition Of Bitstamp Sparks Optimism About the Listing of XRP  appeared first on Coinpedia Fintech News Robinhood Markets has announced its plan to acquire the well-known crypto exchange Bitstamp for $200 million. This acquisition aims to enhance Robinhood’s services outside the United States, particularly in Europe and Asia, where Bitstamp has a strong foothold. Meanwhile, the XRP community is optimistic that this move could lead to Robinhood listing XRP for trading, given Bitstamp’s strong support for XRP.…