Matrixport Acquires Crypto Finance, Vinyl Group Buys Serenade

user avatar

by Giorgi Kostiuk

2 years ago

Crypto companies continue to actively acquire new assets to strengthen their market positions. In recent months, a significant number of mergers and acquisitions have taken place among leading players.

Matrixport Acquires Crypto Finance

Matrixport announced the acquisition of Crypto Finance, a licensed crypto asset management firm in Singapore. This deal aims to expand their services in the region. Co-Founder & CEO of Matrixport, John Ge said, "The acquisition enables clients access to the most innovative, compliant crypto asset management products and aligns with our strategy to further expand services in Europe."

Vinyl Group Acquires Serenade

Vinyl Group, an Australian music technology company, announced the acquisition of Serenade, a Web3 NFTs and digital collectibles startup. This deal will allow Vinyl to reinforce its presence in the NFT category and expand its user base in the United Kingdom.

Other Crypto News

Riot Platform Inc. has ended its bid to acquire Bitfarms after several quarters. Meanwhile, CleanSpark announced plans to acquire a mining facility near the US Air Force Base. Check Point Research revealed that a fraudulent app has stolen $75,000 in the past five months, and billionaire Christian Angermayer left England due to stringent crypto tax rules. According to a recent Coincub report, San Francisco is a hub for cryptocurrency with over 100 businesses accepting crypto payments and more than 400 crypto ATMs.

These acquisitions demonstrate the ongoing interest and efforts of major crypto companies to expand their services and market reach. The crypto market continues to be dynamic and growing, attracting attention from investors and tech companies worldwide.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Coinbase Reports Data Exposure Incident Affecting Customer Contact Information

Coinbase reported a data exposure incident involving Amplitude that compromised customer contact information, but assured that customer funds remain safe.

user avatarZainab Kamara

Bitcoin Drops Below $80,000 Amid Federal Reserve's Rate Decision

Bitcoin's price fell below $80,000 during trading on October 29 as markets reacted to the Federal Reserve's decision to maintain interest rates.

user avatarSon Min-ho

Importance of Security Guidance Highlighted in Ethereum Incident

The recent Ethereum incident emphasizes the importance of security guidance and the need for diverse validation infrastructure.

user avatarAyman Ben Youssef

Ethereum Software Teams Release Updates to Address Security Risks

Ethereum software teams have released updates to mitigate truststore exposure linked to compromised certificate authority keys from eMudhra.

user avatarTando Nkube

Google Cloud's New Service Enhances Key Management Security

Google Cloud's new Multiparty Compute service aims to mitigate risks related to key management in digital asset custody by splitting signing authority among independent participants.

user avatarKofi Adjeman

Google Cloud Launches New Service for Digital Asset Custody

Google Cloud has launched a new Multiparty Compute service to enhance institutional digital asset custody, addressing custody risks and potentially lowering barriers for firms in the digital asset market.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.