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CATEGORY: acquires


Apr 18, 2025 05:50

Bit Digitals Bitcoin Mining Expansion: Acquires $53M Facility to Drive AI and HPC Growth

Bit Digital, a leading cryptocurrency mining company, has recently completed the acquisition of a new mining facility located in North Carolina. This strategic move is part of Bit Digital’s ongoing efforts to expand its mining operations and strengthen its position in the industry. The newly acquired facility is equipped with state-of-the-art mining hardware and infrastructure, [...]

The post Bit Digital’s Bitcoin Mining Expansion: Acquires $53M Facility to Drive AI and HPC Growth appeared first on Crypto Breaking News.

Mar 10, 2025 05:55

El Salvador Acquires More Than 13 BTC Since March 1, Defying IMF Deal

El Salvador Purchases 13 BTC in the Previous Week even after IMF Agreement El Salvador has added 13 Bitcoin to its reserves in the last week. This acquisition comes despite a recent deal with the International Monetary Fund (IMF). The country continues to show confidence in incorporating Bitcoin into its economic ecosystem. The decision to [...]

The post El Salvador Acquires More Than 13 BTC Since March 1, Defying IMF Deal appeared first on Crypto Breaking News.

Mar 15, 2025 05:55

BlackRock Acquires 567,000 BTC Valued at $47 Billion

In recent news, BlackRock has revealed its significant investment in Bitcoin, with reports stating that the financial giant holds a staggering $4.7 billion worth of the popular cryptocurrency. This move by BlackRock solidifies Bitcoin’s position as a mainstream asset class, attracting interest from traditional financial institutions. The growth of BlackRock’s Bitcoin holdings signifies a growing [...]

The post BlackRock Acquires 567,000 BTC Valued at $47 Billion appeared first on Crypto Breaking News.

Dragonfly acquires a16z-backed crypto hedge fund MetaStable

Author: noreply@blogger.com (Unknown)
United States
Aug 15, 2022 11:10

Dragonfly acquires a16z-backed crypto hedge fund MetaStable

Crypto venture firm Dragonfly has acquired cryptocurrency hedge fund MetaStable Capital, taking another step into establishing itself as a top crypto-focused platform in the industry.

Dragonfly, which announced the acquisition on Monday, did not disclose the amount of money involved in the deal. However, it did indicate that completing the purchase adds to its other subsidiaries Dragonfly Ventures and Dragonfly Liquid.

Dragonfly also rebrands

MetaStable, founded in 2014 and backed by a16z and Sequoia, is one of crypto’s longest-running hedge funds, with some of its major investments being in Ethereum, Cosmos, Avalanche, Filecoin and Algorand.

The acquisition has made Dragonfly “more expansive than it’s ever been,” the company’s managing partner Haseeb Qureshi wrote in a medium post.

Noting that it was “time for a refresh” for the venture platform, Qureshi added that Dragonfly had decided to adopt a more crypto-native look by rebranding from “Dragonfly Capital” to just Dragonfly.

Our aesthetic is less Patagonia, more ASCII; less stock photo, more glitch art,” he noted.

Dragonfly was founded in 2018 and currently counts Avalanche, Near Protocol, MakerDAO and Matter Labs among platforms in its investment portfolio.In July, the firm led a $3.5 million seed funding round for DebtDAO, a decentralised finance (DeFi) credit solution also backed by Numeus and Daedulus. Earlier this month, the Lido DAO community voted to allow a 10 million LDO token sale to Dragonfly as the platform looked to navigate the ongoing crypto winter.

The post Dragonfly acquires a16z-backed crypto hedge fund MetaStable appeared first on Invezz.



from Cryptocurrency – Invezz

Jan 06, 2022 01:45

MoneyGram acquires 4% stake in crypto ATM firm Coinme

US-based cross-border P2P payments and money transfer company MoneyGram has taken yet another initiative in the crypto industry after it partnered with Stellar Foundation in October to offer instant payments service via USDC. The company has now acquired a minor “strategic” stake in Coinme, the first licensed Bitcoin ATM company in the US, following the […]

Dec 12, 2021 01:35

Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster ‘Groundbreaking ZK Rollup Tech’ – Defi Bitcoin News

On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400 million deal. The Mir team of cryptographers and engineers are joining Polygon in order to create a “highly-scalable, Ethereum-compatible ZK rollup” called Polygon Zero. Mihailo Bjelic: ‘Polygon Is Focused on Zero-Knowledge Cryptography as the […]

Dec 11, 2021 09:50

Reserve acquires Colombian startup Wama | by Sinatra | Reserve | Dec, 2021

For our expansion into Colombia, we are very pleased to announce our recent acquisition of Wama, a company specializing in financial services and remittances for the Venezuelan migrant and refugee community. Wama offers a solution that allows users to safely send money with the best exchange rate without having to interact with the complexity and […]

Feb 01, 2025 05:50

Trumps World Liberty Financial Acquires Additional $10 Million in ETH

In a bold move, Trump World Liberty Financial has acquired additional Ethereum (ETH) tokens, demonstrating a growing interest in the cryptocurrency market. The purchase comes at a time when digital assets are gaining popularity, with Ethereum being a top choice for many investors. The decision by Trump World Liberty Financial to increase their ETH holdings [...]

The post Trump’s World Liberty Financial Acquires Additional $10 Million in ETH appeared first on Crypto Breaking News.

Apr 04, 2023 11:15

SYS Labs acquires FortKnoxster and announces SuperDapp

SYS Labs, a Web3-focused company behind Sycoin (SYS) that’s looking to make it easy for enterprises to transition to Web3 by providing tailored solutions, has acquired crypto security firm FortKnoxster. Syscoin traded just higher after the news, with SYS gaining by around $0.16 amid increased activity. According to data from CoinGecko, Syscoin’s daily trading volume …

<p>The post SYS Labs acquires FortKnoxster and announces SuperDapp first appeared on CCNC | Cryptocurrency Newscast.</p>

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