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Bitfury Acquires Minority Stake in Final Frontier, Aims To Expand Services

The Bitfury Group has acquired a minority stake in blockchain services firm Final Frontier. Both organizations are looking to utilize each other’s knowledge and experience in the traditional and digital finance spaces to potentially release a new line of financial products and services designed to assist professional investors in getting their hands on digital assets.“Our […]
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The Same Equity Firm That Owns Korbit Exchange Just Acquired Bitstamp

In a statement to customers, Luxembourg-based cryptocurrency exchange Bitstamp announced its acquisition by Belgium private equity firm NXMH Holdings, whose parent company NXC also owns South Korean crypto exchange Korbit. The all-cash deal, which was signed by Bitstamp founder Nejc Kodrič on October 25, 2018, was announced today, October 29, 2018. NXMH has around 2 […]
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Circle Leaps Into Exchange Business With Poloniex Acquisition

Circle, a mobile payment app company backed by Goldman Sachs, has announced it is buying U.S.-regulated cryptocurrency exchange Poloniex Inc. — a move that will transform Boston-based Circle into one of the biggest players in the industry.According to Fortune Magazine, Circle paid $400 million for the exchange, which handles a trading volume of around $1.5 […]
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