The founder of crypto exchange OKCoin, Star Xu, has acquired a controlling share in a Hong Kong-listed public company, leading to speculation the firm could be gearing up for a reverse IPO.
The Indonesian ride-hailing giant announced that it is acquiring a “substantial” number of shares of the Philippine-based fintech company, Coins.ph.
Nasdaq is set to acquire Sweden-based trading solutions provider Cinnober, in a deal that could see the stock exchange move into helping institutional investors gain access to new opportunities around cryptocurrency.
Singapore-based cryptocurrency exchange Huobi is on the verge of acquiring a regulated Japanese cryptocurrency broker, in a deal that will confirm the group’s expansion into Japan’s cryptocurrency investment sector.
Singapore-headquartered cryptocurrency exchange Huobi is reportedly quietly seeking to acquire Pantronics Holdings, a publicly-listed firm on the Hong Kong Stock Exchange, via a reverse takeover strategy.
Coinbase's acquisition of securities firm Keystone Capital will enable them to offer additional products that are tied to other securities, as well as stocks.