Coinbase CEO looking at more acquisitions after .9B Deribit buy

Coinbase CEO looking at more acquisitions after $2.9B Deribit buy

“We are always looking at M&A opportunities,” said the Coinbase chief executive, Brian Armstrong, following the Deribit deal. Coinbase CEO Brian Armstrong says his firm will continue to look for merger and acquisition opportunities after acquiring crypto derivatives platform Deribit. “We are always looking at M&A opportunities,” said Armstrong on Bloomberg Television on May 14….

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VanEck launches 'Onchain Economy' ETF

VanEck launches 'Onchain Economy' ETF

The new exchange traded fund aims to offer exposure to an array of crypto stocks and financial instruments. VanEck has launched a new actively managed exchange-traded fund (ETF) designed to invest in stocks and financial instruments offering exposure to the digital economy, the asset manager said on May 14. The VanEck Onchain Economy ETF (NODE)…

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Tether buys 9M Bitcoin for Twenty One Capital

Tether buys $459M Bitcoin for Twenty One Capital

Tether added another 4,812 Bitcoin to Twenty One Capital’s Bitcoin holdings, currently trading under Cantor Equity Partners until the firms finalize a merger. Stablecoin issuer Tether bought $458.7 million worth of Bitcoin for Twenty One Capital, a Bitcoin investment firm it backed that’s awaiting the completion of a Special Purpose Acquisition Company (SPAC) merger with…

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