Elwood Technologies, the crypto-focused technology firm owned by hedge fund heavyweight Alan Howard, announced a “strategic integration” on Thursday with Bloomberg. According to details sh...
Tag: Deal
UK financial regulator issues warning shot on crypto mergers following Bitpanda deal
The UK’s financial regulator issued a warning shot on crypto mergers on Tuesday afternoon, following an acquisition announcement by Austrian exchange Bitpanda. Bitpanda, which is regulated in the EU,...
Crypto Exchange Bitget Signed a Sponsorship Deal With Soccer Team Galatasaray
The Singapore-based cryptocurrency platform became an official sponsor of the Turkish soccer club Galatasaray. The latter will feature the company as its crypto partner on multiple platforms and media...
Circle Doubled Its Value To $9 Billion With New SPAC Deal
On Thursday, US-based financial firm Circle announced that its new SPAC deal with Concord Acquisition Corp to list on Wall Street had ballooned its value to $9 billion. Concord, a blank-checked compan...
Circle’s updated SPAC deal boosts the company’s valuation to $9 billion
Circle, the company behind the USDC stablecoin, doubled its valuation following a new agreement with Concord Acquisition Corporation (NYSE:CND). The two corporations first revealed this merger plan in...
TelevisaUnivision Reveals Launch Date For New Global Streamer VIX And First Look Deal With Salma Hayek
TelevisaUnivision unveils name of new streaming platform ViX and first look deal with Salma Hayek’s … [+] production company. TelevisaUnivision/GETTY IMAGES TelevisaUnivision has decided t...
Florida Softball Team Inks Deal with Crypto Exchange FTX
The Seminoles – a Florida state softball team – have entered a partnership with FTX, a new and popular cryptocurrency exchange. Several members of the team are now allowing the exchange to use their n...
Swyftx and Aussie National Rugby League sign major sponsorship deal
Swyftx CEO Ryan Parsons said that the mass appeal of sport means it’s a hugely important way for exchanges to announce themselves Swyftx is a Brisbane-based crypto exchange Swyftx is registered in Aus...
Stablecoin Provider Circle Hits $9B Valuation After New SPAC Deal
In roughly six months, Circle has essentially doubled its valuation. Announced today, the latest $9 billion valuation comes after the firm announced new terms with the special-purpose acquisition cor...
UK FCA Shares Concerns on Binance-Paysafe Deal
The United Kingdom’s Financial Conduct Authority (FCA) has shared its concerns about the recent partnership between Binance Exchange and Paysafe, a London-based multinational online payments company. ...
Circle valued at $9 billion under revamped SPAC deal terms
advertisement Circle — the firm behind stablecoin USDC — announced on Thursday that it has scrapped its previous deal with special purpose acquisition company Concord Acquisition Corp in favor for a n...
Nestle CEO open to doing a ‘big deal’ after cutting L’Oreal stake
The CEO of Swiss food and beverage giant Nestle has said it would be open to doing a “big deal” as it reasserts its growth strategy after cutting its stake in French cosmetics business L...
Aussie exchange Swyftx unveils massive three-year deal with NRL
TR; DR Breakdown NRL has aggred to a three-year partnership deal with Swyftx Swyft yet to reveal how much NRL agreement is worth Cryptocurrencies are becoming increasingly popular in Australian sports...
Swyftx signs major sponsorship deal with Aussie National Rugby League
Brisbane-based crypto exchange Swyftx has penned a major three-year sponsorship deal with the Australian National Rugby League (NRL). Swyftx is registered in Australia and New Zealand and offers tradi...
Bybit Secures Multi-Year Partnership Deal with Red Bull
Following a 3-year deal, Singapore-based crypto assets trading platform Bybit has become the Principal Team Partner for Oracle Red Bull Racing, one of the most successful Formula 1 teams. As announc...
Nvidia Underwhelms in First Results Since Scrapping Arm Deal
(Bloomberg) — Nvidia Corp., which walked away from a $40 billion acquisition of Arm Ltd. earlier this month, failed to impress investors with its latest forecast, a sign of the lofty expectation...
Bybit Signs The Largest Ever Sponsorship Deal With Redbull’s F1 Team
Bybit has announced the first-ever Formula One sponsorship deal with Oracle Red Bull Racing. The Singaporean crypto company will be backing its efforts to become a top team in motorsports, jumpstartin...
Nvidia to report its first earnings since calling off Arm deal
Nvidia (NVDA) will report its Q4 earnings after the closing bell on Wednesday. The report is the company’s first since it announced it’s abandoning its planned $40 billion acquisition of chip designer...
Red Bull Racing Partners With Bybit, F1 Team Says It’s the ‘Largest per Annum Crypto Sports Deal to Date’ – Bitcoin News
Red Bull Racing (RBR) has announced the cryptocurrency exchange platform Bybit has joined RBR as a principal team partner. According to the announcement, RBR says the deal is the “largest per annum cr...
Crypto-Sports Sponsorships Continue as Bybit Teams up With Red Bull Racing in $150M Deal
The Red Bull F1 Team and crypto exchange Bybit are joining forces in a multi-year deal that would see Bybit become the F1 team’s exclusive crypto exchange business. There is no word yet on the deal’s ...
Bybit signs $150m sponsorship deal with Red Bull
TL;DR: Breakdown Red Bull signs partnership deal with cryptocurrency exchange Bybit Bybit becomes the “Official Energy Drink” of the racing team and will have branding exposure at all FOM events The t...
Bybit Inks a $150 Million Deal With Red Bull’s F1 Team
The cryptocurrency trading platform Bybit became the Principal Team Partner of Oracle Red Bull Racing. The agreement is worth $50 million per annum over three years, bringing the total to $150 million...
Restauranteur says he spends around $750,000 on security to deal with unruly diners
Cameron Mitchell, chief executive of Cameron Mitchell Restaurants, told CNBC on Wednesday that unruly diners have cost his business $750,000 a year, on top of supply chain snarls and rising inflation ...
Fireblocks acquires First DAG in cash-and-stock deal
Crypto custodian Fireblocks has made its first acquisition. It has bought out First Digital Assets Group (First DAG), an Israel-based crypto payments processor. The terms of the deal weren’t dis...
Madison Dearborn Partners to Acquire MoneyGram in a $1.8 Billion Deal
MoneyGram International Inc, a global money transfer platform, has announced today that it will be acquired by Madison Dearborn Partners, a leading private equity firm based in Chicago. MoneyGram said...
Bank of Russia, Finance Ministry Fail to Reach Deal in Crypto Meet
Key Takeaways The head of the Bank of Russia met the country’s Finance Minister to discuss crypto regulation Tuesday. The two sides have still not resolved their disagreements on how to regulate...