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Tag Archives: Deals News

IdeaSoft and INTMAX Collaborate to Launch JIBx Perpetual DEX on Plasma Next

CoinspeakerIdeaSoft and INTMAX Collaborate to Launch JIBx Perpetual DEX on Plasma Next IdeaSoft, a member of the Sigma Software Group specializing in fintech blockchain applications, has embarked on a collaborative venture with INTMAX, developer of the open-source Ethereum scalability solution Plasma Next. IdeaSoft and INTMAX Collaborate to Launch JIBx Perpetual DEX on Plasma Next

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Monex Group to Acquire Majority Stake in Canada-based 3iQ

The Tokyo-based Monex Group intends to further strengthen its digital asset offerings to institutional investors through the 3iQ acquisition. Monex Group Inc, a holding financial company based in Japan with operations around the world, will acquire Canada-based crypto asset manager 3iQ Digital Holdings Inc for an undisclosed amount. According to the announcement, 3iQ will collaborate with Coincheck Inc, a Japanese cryptocurrency exchange with different products in the market that was...

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Keywords Studios Acquires SoftBank-Backed Improbable Unit for $97M

Keywords Studios said that the team, consisting of Andy Norman, Rocco Loscalzo, Vaughan O’Brien, and Roger Cheung, will continue to lead the business after the successful completion of the acquisition. Keywords Studios, an infrastructure solution provider for game and entertainment services, has acquired a unit of the SoftBank-backed metaverse platform Improbable for £79.5 million, approximately $97 million. In an official announcement on December 18, the company said it had purchased The...

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Adobe and Figma Set to Terminate $20B Acquisition Deal amid Regulatory Issues

Adobe’s $20 billion bid to buy its competitor Figma has been officially terminated. Last year, Adobe Inc (NASDAQ: ADBE) revealed its plans to pay $20 billion in cash and stock to acquire Figma, a popular cloud-based design platform. This would have not only increased Adobe’s market share but also its market power, which causes concerns among regulators.  Now, Adobe and Figma have announced that they will be scrapping the deal due to the regulators’ concerns and demands. Adobe Exiting the...

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CoinGecko Acquires NFT Data Platform Zash to Expand Its Business

With this acquisition, CoinGecko plans to integrate Zash’s NFT data into its Application Programming Interface (API) by the second quarter of next year. CoinGecko, a major cryptocurrency data tracking company, has acquired Zash, an on-chain data analytics firm that provides information on non-fungible tokens (NFTs) metadata across various platforms. According to an announcement on November 22, the acquisition aligns with CoinGecko’s vision to become a central hub for cryptocurrency-related...

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Crypto Exchange Bullish Led by Former NYSE President Buys 100% of CoinDesk

100% of Coindesk stocks were acquired by Bullish, a cryptocurrency exchange run by former NYSE President. Just recently it has been revealed that Bullish, a crypto exchange that is led by former NYSE President Tom Farley, has bought 100% of CoinDesk stocks. It is known that it was an all-cash deal. However, financial terms remain undisclosed. Coindesk’s Deal and Strategic Implications Bullish plans to fuel CoinDesk’s global expansion and support the growth of its media, events, and...

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Foresight Ventures Takes Majority Stake in Crypto Media Firm The Block

Foresight Ventures sees the acquisition as an opportunity to establish a significant foothold in the US and contribute to The Block’s growth amidst challenges in the crypto media industry. Singapore-based Foresight Ventures has completed the acquisition of a majority stake in The Block, a prominent crypto news and data provider. The deal, which valued the company at $70 million, marks a significant move for Foresight Ventures, an investment organization specializing in blockchain...

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Web 3.0 Company Treehouse Acquires Origins, Targets Its NFT-Related Tools

With this acquisition, Treehouse would be hoping to integrate Origins’ technology into its product portfolio. Treehouse, a Singapore-based Web 3.0 data firm, has announced its acquisition of non-fungible token (NFT) analytics platform Origins. According to the announcement, the deal is part of Treehouse’s efforts toward bolstering its NFT product offering. Treehouse to Tap Origins’ Tech Origins, originally, offers NFT-based data analysis using both on-chain and off-chain data. Its software...

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Animoca Brands Acquires Web 3.0 Streaming Platform Azarus

Although the monetary terms of the acquisition were not disclosed, this is not the first time Animoca Brands would be investing in Web 3.0 game companies. Popular gaming giant Animoca Brands has announced its acquisition of Web 3.0 streaming platform Azarus as part of its metaverse gaming revolution. Animoca would be seeking to leverage Azarus’ cutting-edge technology in a bid to improve its Web 3.0 games streaming capabilities. Although the monetary terms of the acquisition were not...

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