Deals

Swan Abandons IPO Plans

According to CEO Cory Klippsten, Swan's Managed Mining business is not generating the revenue it needs and for that reason they will be backing off the IPO.

Robinhood Pushes Further Into Crypto Space With $200 Million Bitstamp Acquisition

Founded in 2011, Bitstamp is the world’s longest actively running crypto exchange.

Crypto Miner Riot Platforms Pursues Hostile Takeover of Bitfarms

WeatherXM Raises $7.7 Million To Build the World's Most Accurate Weather Network

BitGo's $100 Million Lawsuit Against Galaxy is Allowed to Move Forward Rules Delaware Supreme Court

The reversal comes after Galaxy had initially won a dismissal of the lawsuit in June 2023 in a lower court.

Ether Capital Aims To Convert Into A Staking Ether ETF

Share prices of Ether Capital are up ~30% on the news.

Kraken IPO Incoming?

While the company hasn’t specifically stated that they are pushing for an IPO (they say both public and private market fundraising is on the table), we can’t help but predict one is on the way…

Galaxy Stock Slides 19% on ~$125 Million Bought Deal Public Offering Announcement

Blockchain.com Pay Announces Partnership and Integration with MetaMask

Pantera Capital Eyes Solana in $250 Million Deal

The move signals more than just a financial commitment; it's a nod of confidence to Solana.

The Private Crypto Market Looks to be Rebounding

Monad Labs, an Ethereum competitor, is reportedly in talks to raise more than $200 million at a $3 billion valuation.

OpenSea Hangs a For Sale Sign

Once valued at more than $13 billion, NFT exchange OpenSea may now be up for sale.