The embattled Silicon Valley Bank has just come under new ownership, at least in the United Kingdom. Per a filing on March 13, 2023, HSBC UK Bank plc, a subsidiary of the behemoth bank, announced that...
Tag: Acquires
HSBC Acquires Troubled Silicon Valley Bank (SVB) UK Subsidiary for £1, Shares Down Today
HSBC’s announcement came at a time the United States government announced a $25 billion bailout of struggling Silicon Valley Bank and Signature Bank to avoid a further banking crisis. In a stunning tu...
HSBC Acquires Silicon Valley Bank UK — Sale Facilitated by Government, Bank of England – Finance Bitcoin News
The British government and the central bank, the Bank of England, have facilitated a private sale of Silicon Valley Bank UK to HSBC, according to Chancellor of the Exchequer Jeremy Hunt. He stressed t...
HSBC UK Bank Acquires Silicon Valley Bank UK in Rescue Deal
HSBC Holdings plc’s HSBC UK Bank has announced Silicon Valley Bank UK LTD acquisition. SVB Financial Group is in discussions for acquisition but excludes the commercial bank under US control. Kim Dotc...
HSBC acquires SVB UK for £1 amid collapse
In a deal facilitated by the British government and the Bank of England, HSBC has acquired the UK arm of Silicon Valley Bank (SVB) for £1, following the collapse of the US lender. The acquisition, fi...
HSBC Acquires Recently Closed Silicon Valley Bank UK
29 seconds ago | 2 mins read Bitcoin News Purchasing SVB UK is a smart strategic move for the company in the UK as per Quinn. SVB was privately sold to HSBC with the help of the government and the BoE...
HSBC Acquires Silicon Valley Bank U.K. For 1 Pound
HSBC UK, the ring-fenced subsidiary of HSBC, has acquired Silicon Valley Bank UK for £1 ($1.21), according to a latest filing. In a statement from the Treasury, it said the Bank of England oversaw the...
Breaking: HSBC Acquires Silicon Valley Bank UK Subsidiary for £1
Following the takeover of Silicon Valley Bank by the United States Federal Deposit Insurance Corporation (FDIC) over the weekend, SVB’s UK subsidiary has been acquired by HSBC Holdings plc, a British ...
HSBC Acquires Silicon Valley Bank UK for a Pound (Repor)
HSBC Holdings – the largest banking institution in the United Kingdom – will reportedly purchase Silicon Valley Bank UK Limited (SVB UK) for £1 ($1.20). Silicon Valley Bank made the headlines last wee...
Brevan Howard Acquires Dragonfly Capital’s Crypto Fund
Brevan Howard Asset Management has taken over a digital asset fund run by Dragonfly Capital. The takeover signals Brevan Howard’s push into the digital asset space. The new crypto fund will operate un...
Coinbase Acquires Crypto Asset Manager One River Digital
Crypto exchange Coinbase has purchased One River Digital Asset Management (ORDAM) as the firm aims to improve its services and take advantage of the weak valuations of digital asset firms. Coinbase an...
SBI Japan Acquires Crypto Lender Company HashHub
Ripple’s major partner in Japan, SBI, announced the acquisition of crypto lender company HashHub. Following the acquisition, SBI will directly enter into the crypto lending business. SBI plans to tran...
The Black Tux Acquires Wedding Band Brand, Plans To Open New Showroom
The Black Tux is looking to elevate the tuxedo rental experience. Courtesy of The Black Tux The Black Tux, a leading tuxedo and suit rental company wants to save customers a trip to the jewelry store ...
Cathie Wood’s Ark Invest acquires more Coinbase shares for ETFs
Cathie Wood has resumed purchasing shares of Coinbase (COIN) for her firm’s exchange-traded funds, after having also bought them earlier this week. Ark added a total of 150,192 COIN share...
Galaxy acquires institutional crypto custody firm for $44M
Galaxy Digital has invested $44 million into an institutional cryptocurrency custody platform to tap into its proprietary asset storage and management capabilities. Mike Novogratz’s cryptocurrency inv...
Old Fashion Research (OFR)’s Crypto Veterans Acquires Premier NFT Collection, 0N1 Force
Advertisement     Blockchain investment firm Old Fashion Research (OFR) has revealed that the crypto veterans it leads have joined forces with a comic-focused NFT coll...
Luxor Mining acquires OrdinalHub amid Bitcoin-based NFTs hype
The January launch of Bitcoin Ordinals created a stir within the crypto community about its place within the Bitcoin ecosystem. Users are debating whether they offer new use cases for Bitcoin or if it...
Luxor Technologies Acquires Ordinalhub to Provide Tools for Bitcoin-Based NFTs – Bitcoin News
With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools ...
OFR-Led Crypto Veterans Group Acquires the 0N1 Force NFT Collection
A group of cryptocurrency veterans acquired the comic-focused, blue-chip NFT collection – 0N1 Force. 0N1 Force is among the first anime-themed NFT collections and comprises 7,777 side-profile characte...
Jed McCaleb’s space station company Vast acquires startup Launcher
The company’s first space tug, called Orbiter SN1, is seen undergoing final launch preparations. Launcher Space station company Vast announced on Tuesday it has acquired fellow startup Launcher ...
ConsenSys Acquires HAL to Augment Infura’s Blockchain Notification and Automation Capabilities
Introducing on-chain signaling into Infura’s product stack will allow developers to create alerts and notifications at the protocol level for various signals. More than 40 higher-level APIs for blockc...
ConsenSys Acquires Hal to Improve Alerts
ConsenSys, a company that provides services related to blockchain technology, has just completed the purchase of Hal, a platform for no-code blockchain development tools, with the purpose of causing a...
For Soccer Ventures Acquires Gilt Edge Soccer Marketing, Forms For Soccer
Reigning MLS Cup winners LAFC were valued at $1 billion according to Forbes estimates. Getty Images Just as Canada, Mexico and the United States are coming together to host the 2026 FIFA World Cup wit...
Napster Acquires Mint Songs to Advance Its Web3 Ambitions
The streaming music incarnation of the storied Napster brand is taking its next step into Web3 with the acquisition of startup Mint Songs. Napster originally announced its move into blockchain last Ju...
LACMA Art Museum Acquires NFT Collection With CryptoPunk, Art Blocks
The Los Angeles County Museum of Art (LACMA) is the latest major art museum to add NFT artwork to its collection, announcing today that it has acquired a series of notable and valuable NFT pieces thro...
SushiSwap Acquires Cosmos-Based Trading Platform Vortex Protocol
SushiSwap is making good on its January promises to launch a derivatives trading platform. But instead of building it from scratch, it’s gone out and bought one. The popular Ethereum-based decentraliz...
Crypto Venture Firm Acquires 130,722,306,727 Shiba Inu (SHIB) in Massive Accumulation Spree
A crypto venture firm has snapped up billions of Shiba Inu (SHIB) tokens during a massive multimillion-dollar accumulation spree. New data from blockchain search engine Etherscan reveals that Chicago-...
Binance Acquires Majority Stake in Gopax
Through its recent purchase of the South Korean cryptocurrency trading platform Gopax, the major cryptocurrency exchange Binance is making its way back to South Korea. Binance has reentered the South ...
Binance Acquires GOPAX To Officially Re-Enter South Korea
Crypto exchange Binance has acquired a majority stake in South Korea’s crypto exchange GOPAX. The funding for the acquisition came from Binance-led “Industry Recovery Initiative.” It marks the re-entr...