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Showing posts with the label acquisition

Alchemy Quietly Buys NFT Launchpad HeyMint – Here’s More Details

The blockchain developer platform, Alchemy, has quietly acquired the non-fungible token launchpad, HeyMint, without much fanfare. Under this acquisition, the core teams behind HeyMint and HeyMint Quest, the firm’s web3 engagement booster, will join the Alchemy development team. The HeyMint NFT launchpad acquisition appeared just a few days after Alchemy acquired DexterLab. Alchemy Has Just Bought HeyMint In a May 23 publication, ‘The Block’ confirmed that the blockchain developer platform Alchemy has quietly acquired HeyMint NFT launchpad. HeyMint is a no-code platform for NFT creators that simplifies the process of launching and managing NFT collections. It offers NFT tools like allowlist management, wallet verification, and Discord integration to enhance the NFT minting process. HeyMint also provides a free no-code NFT collection creation tool and a giveaway manager. HeyMint removes the technical expertise needed to create an NFT collection. It provides smart cont...

Top Crypto to Buy Now as Ripple Eyes Circle Acquisition

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Right now, the top crypto to buy options have pretty much narrowed down to XRP and XLM, especially as Ripple Labs is reportedly considering an acquisition of Circle, which is, of course, the company behind the USDC stablecoin. This potential deal has, at the time of writing, sparked quite a bit of interest in cryptocurrency markets, and this is also happening alongside growing dedollarisation trends in various regions. Also Read: Ripple: Can XRP Reclaim $3 If Bitcoin Hits $110,000? How XRP and Stellar Lead the Payments Revolution Against Traditional Banking Systems Source: RomanAcademy XRP and Stellar have emerged as perhaps the top crypto to buy for investors who are primarily focused on payment solutions and alternatives. These cryptocurrencies actually offer much faster settlement times and also significantly lower fees when compared to traditional banking systems, which can be quite slow and expensive. 1. XRP’s Price Action Following Acquisition Rumors Source: TradingView XRP ...

Coinbase to Now Acquire Deribit for $2.9 Billion

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Source: Coinbase Coinbase has agreed to acquire crypto-options exchange Deribit for about $2.9 billion, a blend of $700 million in cash and 11 million shares of Coinbase Class A stock. If regulators sign off, the deal will close by the end of the year, vaulting the US-listed company from a modest futures provider to the world’s broadest digital-asset derivatives venue. We are acquiring @DeribitOfficial to build the most powerful global crypto platform—bringing spot, futures, and options together under one roof. pic.twitter.com/6TWPiHPjrr — Coinbase ️ (@coinbase) May 8, 2025 Shares in Coinbase rallied 5.7% after Thursday’s announcement, reversing part of the platform’s year-to-date decline and illustrating investors’ appetite for revenue streams less exposed to spot-market swings. Positioning in a maturing market Options and perpetual futures already account for more than half of global crypto trading by notional value, yet US retail investors remain ...

BitGo terminates acquisition of Prime Trust

The acquisition was called off two weeks after BitGo publicly disclosed its non-binding letter of intent to acquire Prime Trust. On June 22, wallet infrastructure provider and digital asset custodian BitGo announced on Twitter that it had decided to cancel its acquisition of fintech infrastructure provider Prime Trust. According to BitGo, “This decision was not made lightly.” The full announcement read:  “After considerable effort and work to find a path forward with Prime Trust, BitGo has made the hard decision to terminate its acquisition of Prime Trust. This decision was not made lightly and BitGo remains committed to our mission to deliver trust in digital assets.” BitGo’s deal cancellation comes merely two weeks after it shared its non-binding letter of intent to acquire Prime Trust. Although the specific details of the agreement were not disclosed, the potential acquisition between BitGo and Prime Trust was poised to provide BitGo with access to Prime Trust's payment rail...