Defi News On Monday, the company suspended operations and stopped client withdrawals. Since June 12, withdrawals totaling $197.7 million have been reported by the firm. The Singapore-based crypto lend...
Tag: Acquire
Nexo Looking To Acquire Distressed Crypto Lending Platform Vauld: Report
Crypto lender Nexo is announcing intentions to buy another lending platform in the industry as markets continue to struggle. According to a Reuters report, a new statement from the London-based Nexo s...
Nexo starts process to potentially acquire troubled crypto lender Vauld
Crypto lender Nexo has started a process to potentially acquire rival Vauld after the latter abruptly halted customer withdrawals on Monday. Sharing the news exclusively with The Block on Tuesday, Nex...
Nexo Looks to Acquire Failing Rival Crypto Lender Vauld
Crypto lender Nexo could potentially be in the process of acquiring rival Vauld, which abruptly halted customer withdrawals earlier this week. Vauld has signed an indicative term sheet granting Nexo a...
Crypto Lender Nexo Signs Term Sheet to Potentially Acquire Struggling Rival Vauld
Popular crypto lending platform Nexo revealed on Tuesday that it has signed an indicative term sheet to acquire Singapore-based lending rival Vauld. An indicative term sheet is a document that shows t...
Nexo begins due diligence to acquire 100% of struggling rival Vauld
Centralized lending and borrowing platform Nexo has signed an “indicative term sheet” for the potential acquisition of Vauld. An indicative term sheet is a non-binding agreement establishing business ...
Nexo Might Acquire Distressed Crypto Lender Vauld
The leading cryptocurrency lender – Nexo – is looking to purchase the Singaporean digital asset exchange – Vauld. According to a document shared with CryptoPotato, Nexo and Vauld signed a 60-day exclu...
Nexo Taking Steps to Acquire Distressed Crypto Lender Vauld
Key Takeaways Nexo has signed an indicative term sheet with Vauld, granting it an exclusive 60-day exploratory period to look into acquiring the firm. Vauld halted customer withdrawals Monday, saying ...
Blockfi CEO Says FTX Has an ‘Option to Acquire’ Crypto Lender at a Price of up to $240M – Bitcoin News
According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of...
FTX set to acquire BlockFi in a $680M deal
FTX has secured a deal with troubled crypto lending firm BlockFi. The deal will give this exchange the ability to acquire BlockFi. BlockFi has faced financial troubles recently following the ongoing m...
FTX Agrees to Acquire BlockFi
Alex Dovbnya FTX has agreed to acquire BlockFi for up to $240 million Cryptocurrency giant FTX.US has agreed to acquire embattled lender BlockFi for up to $240 million, according to Axios. The deal al...
SBF says FTX could acquire distressed BTC mining companies to prevent contagion fears
FTX CEO Sam Bankman-Fried is reportedly turning his attention to the crypto-mining industries with the possibility of acquiring distressed mining firms, Bloomberg News reported. This is coming after F...
BlockFi announces deal with FTX US, including ‘option to acquire’ for $240M
FTX US has inked a deal with BlockFi that will give the crypto derivatives exchange the option to purchase the lending firm. In a Friday Twitter thread, BlockFi CEO Zac Prince said the crypto lending ...
El Salvador Spends Over $1.5 Million to Acquire 80 More BTCs
Central American country El Salvador has now almost made a culture out of buying Bitcoin at every possible opportunity. Despite the bleak-looking outlook that the crypto market currently has, El Salva...
FTX or Canada-based Ledn Which Firm Will Acquire Struggling Crypto Lender BlockFi?
As per Bloomberg reports, the struggling cryptocurrency lender BlockFi Inc., which is currently in negotiations with industry powerhouse FTX, has been approached about a merger with a different party ...
BlockFi CEO Denies FTX Is Set to Acquire Crypto Lender for Only $25M
Acquisition talks between BlockFi and FTX may be nearing an end. Unnamed sources told CNBC on Thursday that CEO Sam Bankman-Fried’s FTX cryptocurrency exchange could pay about $25 million to acquire t...
FTX to Acquire BlockFi For $25M (99% Discount)
Sam Bankman-Fried’s crypto company FTX is on track to acquire troubled cryptocurrency lending firm BlockFi for $25 million, CNBC reported Friday. The deal, expected to conclude as soon as this week, w...
FTX seeks to acquire troubled crypto lender BlockFi: sources
Crypto exchange operator FTX is seeking to acquire BlockFi outright, The Block has learned. The development comes in the wake of reports that FTX was in talks to buy a stake in the crypto lender, whic...
How Crypto Exchange FTX Might Soon Acquire Robinhood ⋆ ZyCrypto
Advertisement     FTX might soon be the proud owner of no-commission trading platform Robinhood as the cryptocurrency exchange is reportedly weighing an acquisition bi...
FTX Denies Making Internal Deliberations on How to Acquire Robinhood
Sam Bankman-Fried’s FTX Derivatives Exchange is reportedly making internal deliberations on how to acquire Nasdaq-listed brokerage firm Robinhood Markets Inc. However, FTX denied its claims. Bloomberg...
Time To Acquire Degen Apes Now After The Solana Mobile News?
Degenerate Apes Academy is the NFT collection persisting on Solana blockchain, with current floor price of 81 SOL. There are a total of 10,000 Three dimensional apes, having distinct qualities with re...
FTX Reportedly Planning to Acquire a Stake in BlockFi
Major cryptocurrency exchange FTX is looking to purchase a stake in struggling digital asset lender BlockFi, shortly after the latter received a $250 million revolving credit from the SBF-spearheaded ...
FTX reportedly plans to acquire a stake in BlockFi
FTX, one of the largest cryptocurrency exchanges, is set to acquire a stake in BlockFi. BlockFi is a cryptocurrency lending firm recently bailed out by Alameda Research after facing liquidity issues. ...
FTX in talks to acquire BlockFi stake, Wall Street Journal reports
FTX is considering taking a stake in crypto lender BlockFi, according to a report by the Wall Street Journal on Friday. Sam Bankman-Fried’s crypto exchange provided a $250 million credit line t...
Goldman Sachs To Acquire Celsius Network Through $2 Billion Fund Raising
The globe’s greatest financial firm, Goldman Sachs, has begun to consider acquiring assets from Celsius Network, a struggling crypto lending startup. As per publicly accessible data, Goldman Sachs is ...
FTX Plans to Acquire Stake in Crypto Lender BlockFi: Report
FTX, the cryptocurrency exchange led by billionaire Sam Bankman-Fried, has entered negotiations to acquire a stake in the beleaguered crypto lending firm BlockFi, according to a report today in the Wa...
Goldman Sachs Likely to Raise $2 Billion To Acquire Celsius Assets, But Here’s the Catch
Crypto lender Celsius Networks has been in a very bad phase currently with major liquidations taking place on the platform. As per sources, Goldman Sachs is planning to raise $2 billion from investors...
FTX in Talks to Acquire Part of BlockFi: Report
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FTX plans to acquire crypto exchange Bitvo as part of move into Canadian market
Cryptocurrency derivatives exchange FTX has entered into an agreement to purchase Canadian crypto platform Bitvo. In a Friday announcement, FTX Trading Limited said it planned to acquire Bitvo as part...