acquisition

CoinMarketCap officially announced that it has completed the acquisition of the crypto derivatives data platform Coinglass, with the transaction amount undisclosed.Coinglass was established in 2019, covering 28 exchanges and over 2,500 trading products, providing data on open interest, funding rates, liquidation, and options, with over 5 million monthly active users and more than 10,000 API clients.CoinMarketCap stated that this acquisition will bring Coinglass's derivatives data to its platform, providing information on market leverage positions, liquidation distribution, and funding rates to its 115 million monthly users.Coinglass stated that it will continue to operate as an independent business, with its website, app, free tools, API, and pricing remaining unchanged.

According to three informed sources, the real-world asset tokenization platform Ondo Finance was recommended to potential buyers after founder and CEO Nathan Allman passed away this year. Two sources stated that the relevant contacts occurred after Allman died on May 25. However, it remains unclear who is driving the sale of Ondo Finance.In early August, Allman's estate management filed a lawsuit against Ondo's acting CEO Ian De Bode, accusing him of illegally seizing control and funds of the company, leading to a fierce battle for corporate control. Allman, who died at the age of 32 without a will, left uncertainty regarding the ownership of his controlling shares and a large number of ONDO tokens. After the probate process, his estate was awarded to his parents, Kathleen Allman (77) and Lawrence Allman (82). According to the current court order, De Bode continues to serve as CEO and is responsible for daily operations, but he is not allowed to make significant changes to the company until the control dispute is resolved. One informed source stated that the escalating control litigation is likely to put any sale plans on hold.An Ondo spokesperson denied that the company was seeking buyers, stating that the claims regarding a potential sale are completely false, and that no one in the company has pushed for a sale, participated in sale negotiations, or requested others to do so on their behalf. Ondo was founded in 2021 by former Goldman Sachs executives, is headquartered in New York, and offers tokenized U.S. Treasury bonds and stocks, with product scale exceeding $3.8 billion.

According to official news, Citrea announced the acquisition of the self-custody privacy Bitcoin wallet Crest, which will become Citrea's flagship privacy product. Its founder Meliksah Gurtemel will join Citrea as the head of product.Citrea stated that Crest will launch a Bitcoin mobile wallet in the coming weeks, supporting automatic privacy protection, private BTC transfers, and cross-linking from Bitcoin and Ethereum. It plans to support private cross-chain exchanges and exit paths, allowing users to privately pay USDC or ETH to EVM addresses using privacy BTC.

According to CoinDesk, the stock price of the cryptocurrency platform Gemini has fallen by about 80% since its listing, with its market value dropping from a peak of approximately $4 billion to $753 million. Trading volume, revenue, and platform assets have all continued to decline, leading to renewed speculation about a potential acquisition. Gemini's exchange revenue in the second quarter decreased by 38% year-on-year to $12.5 million, spot trading volume fell by 66% to $3.8 billion, and platform assets decreased from $18.2 billion to $8.4 billion.Lorenzo Valente, Director of Digital Asset Research at ARK Invest, posted on X last month that the offshore perpetual contract platform Hyperliquid should acquire Gemini, using it as a gateway to enter the regulated U.S. market for perpetual contracts and prediction market business. The Winklevoss brothers hold 94.5% of the voting rights in Gemini, which may simplify transaction negotiations but also means that any sale must be approved by both individuals. There are currently no signs that Hyperliquid is actively pursuing an acquisition.Despite the decline in exchange business, Gemini still holds regulatory licenses and approvals that are difficult for competitors to replicate. Potential buyers may weigh the cost of acquisition against the time and legal fees required to apply for licenses independently. This aligns with the trend in cryptocurrency mergers and acquisitions where buyers increasingly value regulatory infrastructure, distribution channels, and market access, such as Keyrock's acquisition of BlockFills' trading assets and Ondo exploring an acquisition of up to $500 million. CoinDesk reported in April that potential buyers were considering acquiring Gemini's closed European and UK operations to obtain licenses. Gemini declined to comment on this.

According to PR Newswire, S&P Global (NYSE: SPGI) announced the signing of an agreement to acquire the on-chain financial security standards company OpenZeppelin.OpenZeppelin was founded in 2015 and its open-source smart contract library has supported over $37 trillion in value transfers, covering mainstream stablecoins and tokenized funds globally, and has completed over 900 security audits, identifying more than 10,000 vulnerabilities.This acquisition will expand S&P Global's assessment capabilities in the on-chain technology risk layer, helping it to build a new generation of on-chain security assessment and benchmarking products. OpenZeppelin will continue to operate as an independent business unit, with CEO Demian Brener remaining in position and reporting to S&P Global's Ratings President Yann Le Pallec. The financial terms of the transaction were not disclosed and are expected to have no significant impact on S&P Global's financial performance.

According to official news, Genius Foundation announced the launch of a new Launchpad platform genius.fun on BNB Chain, claiming it will be the first platform to support "unpacking" tokenized stocks and using them for the acquisition of real publicly listed companies. The platform is supported by Genius Foundation.

According to BBX data, yesterday and in recent days, global listed treasury companies and digital asset trading platforms disclosed the latest developments in strategic mergers and acquisitions and fiat currency clearing infrastructure. The core information is as follows:Stack BTC plans to acquire precious metals dealer Direct Bullion for up to £12 million: Stack BTC, a Bitcoin treasury company under former UK Chancellor Kwasi Kwarteng, announced that it has officially signed a non-binding letter of intent to fully acquire the well-known UK precious metals dealer Direct Bullion for up to £12 million (approximately $16 million). The company clearly stated that this acquisition aims to obtain ample and stable cash flow income through the physical precious metals sales business and plans to continuously use all net cash flow generated by this business to increase its Bitcoin holdings in the secondary market.Banking Circle deepens cooperation with OSL Group, adding five major mainstream currency channels: Next-generation financial infrastructure service provider Banking Circle announced further deepened strategic cooperation with Hong Kong-listed stablecoin payment and trading platform OSL Group (00863.HK). Based on the existing euro clearing business between the two parties, Banking Circle has officially added multi-currency payment and clearing channels for five major fiat currencies: Australian Dollar (AUD), British Pound (GBP), Hong Kong Dollar (HKD), Singapore Dollar (SGD), and US Dollar (USD) for OSL, fully supporting OSL in accelerating the expansion of its B2B cross-border payment landscape for global institutional clients.

According to GlobeNewswire, Forward Industries (NASDAQ: FWDI), a Nasdaq-listed company focused on Solana and digital asset treasury, announced on September 15, 2026, that it has submitted a letter to the board of SkyAI, Inc., proposing to acquire all issued and outstanding common stock of SkyAI. Under the proposal, SkyAI shareholders can choose to receive cash and/or Forward common stock, with each share of SkyAI converted at a fixed exchange ratio into the value of 0.306 shares of Forward stock.Based on Forward's closing price of $6.95 on September 14, 2026, the proposal corresponds to a consideration of $2.13 per share of SkyAI, representing a 50% premium over SkyAI's closing price of $1.42 on that day. The transaction is intended to be conducted through a merger or other tax-efficient combination. Ryan Navi, Chief Investment Officer of Forward Industries, stated that the updated offer reflects confidence in the value that the merger could create and requested that the SkyAI board respond by 5 PM Eastern Time on September 25, 2026.The proposal is non-binding and is subject to customary conditions such as due diligence, final agreements, regulatory approvals, and approval by SkyAI shareholders, and there is no guarantee that the transaction will occur. The press release also states that it does not constitute an offer or solicitation.

The UK Bitcoin Treasury Company Stack BTC (STAK) proposed to acquire the precious metals dealer Direct Bullion for up to £12 million (approximately $16 million) and plans to use the operating cash flow generated from precious metal sales to support Bitcoin accumulation. This non-binding agreement includes £3 million in cash, approximately £4 million in shares, and £5 million in performance-linked cash payments, with a minimum share issuance price of 6 pence and a lock-up period of four years.As Stack director Paul Withers controls the seller Direct Bullion, this transaction constitutes a related party transaction and is classified as a reverse acquisition, which still requires due diligence and the signing of a final agreement. Direct Bullion achieved revenue of £52.1 million and a post-tax profit of £2.15 million for the fiscal year ending January 2026. This acquisition will be Stack's first transaction under the strategy of "acquiring profitable companies to fund Bitcoin purchases." Stack BTC currently holds approximately 68 Bitcoins (around $5.2 million), and its stock price fell by 1% on the day the news was announced.Nigel Farage invested £215,000 through his company Thorn In The Side, holding approximately 6.3% of Stack. Previously, Reform UK received donations of $48.5 million each from crypto billionaires Christopher Harborne and Ben Delo within 24 hours, totaling approximately $97 million, setting a record for political donations in the UK.

File sharing platform LimeWire announced that the Web3 ecosystem BabyDoge has acquired LimeWire, with the financial terms of the deal undisclosed. Co-founders Julian Zehetmayr and Paul Zehetmayr, who have rebuilt LimeWire's technological foundation over the past five years, officially hand over the reins to Abel Czupor and BabyDoge.Abel Czupor stated that Julian and Paul built the infrastructure used by approximately 8 million people monthly. As part of the acquisition, LMWR will become the native utility token of the LimeWire platform, used for decentralized file storage and platform AI tools among other services. The updated LimeWire Network product roadmap is expected to be announced in the coming weeks.BabyDoge claims its community has over 3 million users and has set a Guinness World Record related to animal charity donations. LimeWire was rebuilt and relaunched in 2022, stating that it has no affiliation with the original Lime Wire LLC or Lime Group LLC.

Market news reports that the EU antitrust regulatory agency has approved EQT's proposal to acquire Exolaunch, a satellite launch partner of SpaceX.

Singularity Research posted on X that Citrini has been acquired by SemiAnalysis, with the terms of the deal undisclosed. The agency initially estimated the transaction price to be around 30 million USD, later updating that the actual amount could be close to 100 million USD, but emphasized that there is no insider information, and it is merely speculation.Citrini was founded in 2023 and has a Substack newsletter and institutional research products, with over 260,000 subscribers. Its annual revenue is estimated to be around 5.9 million USD. Citrini completed a 5.05 million USD SAFE round of financing in December 2025, and if calculated with approximately 20% dilution, the post-money valuation is about 25 million USD.

According to Bloomberg on September 11, Chinese e-commerce company JD.com is preparing to offer improved relief measures to alleviate the European Union's concerns about its plan to acquire Ceconomy AG for 2.2 billion euros (approximately 2.6 billion dollars). Ceconomy is the largest electronics retailer in the EU.Insiders say that JD.com is holding meetings with regulators reviewing the deal under the EU's Foreign Subsidies Regulation and is committed to adjusting the original concessions aimed at maintaining the competitiveness of its logistics and technology businesses. The relevant individuals requested anonymity.

HyperDash Chief Revenue Officer Hanson Birringer stated: TradeXYZ launched its first HIP-3 contract on October 13, 2025, and within months, these markets became Hyperliquid's largest user acquisition channels. Tracking all 356,886 wallets that have traded on the xyz market (excluding two manufacturing clusters), of which 173,794 had never traded on Hyperliquid before, accounting for 48.7%, with an increasing number coming from third-party builder code applications.The two removed clusters include 7,663 bot wallets on XYZ100 and 49,727 oil farm wallets; if included, the number of new wallets would increase from 173,794 to 231,184. The open interest of xyz rose from 0.2% at launch to 25.9% on September 8, peaking at 37.2%, even as the total open interest on the exchange increased from $7.4 billion to $14.3 billion. The share of first-time Hyperliquid users rose from 22% at launch to 60% during the semiconductor and storage boom, with 104 markets currently live, and the five major catalysts now account for a quarter of the exchange's open contracts and trading volume.

Data analysis and indexing platform Bilinear Labs announced that it has been acquired by Sei Labs, and the team will join Sei Labs to participate in the development of projects such as Sei Network and Sei Giga.Bilinear Labs will cease operations on September 14, and the platform is built with Rust, having indexed hundreds of billions of events and launched the BYOABI technology.

According to Bitcoin Magazine, the French company Capital B announced the purchase of 376 BTC for 25.3 million euros.

According to CoinDesk, cryptocurrency custody company Copper's CEO Amar Kuchinad has resigned as the company seeks to sell and negotiations have entered their fourth month. Kuchinad joined Copper as CEO in October 2024, following the departure of the company's founder and CEO Dmitry Tokarev. Kuchinad previously worked at Goldman Sachs and served as an advisor at the U.S. Securities and Exchange Commission.Copper has been looking for buyers since May of this year and has hired Cantor Fitzgerald to assist with the sale, initially asking for $500 million. CoinDesk reported last month that the company received offers of about $200 million, while Copper's valuation at its peak exceeded $2 billion.Recently, Copper also added two executives: Elin Cherry as Chief Compliance Officer and Sean Bowen as Chief Operating Officer. As of the time of publication, neither Copper nor Kuchinad has responded to requests for comment.

Sources say that Anthropic has decided to terminate its plan to acquire the artificial intelligence startup Decart AI. Anthropic had previously conducted due diligence on Decart for a deal worth approximately $6 billion but ultimately chose to walk away, although both parties may explore other forms of collaboration in the future.The software and hardware collaborative optimization technology developed by Decart can enhance chip utilization efficiency and reduce AI training and inference costs. Anthropic has rarely engaged in large-scale mergers and acquisitions and is currently making significant investments in computing power to develop new products and serve customers, while preparing for an initial public offering that may approach or even exceed that of SpaceX.