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2 crypto M&A shops are merging ahead of a wave of expected deal-making activity

Two boutique investment banking advisory practices in the crypto market have merged ahead of an expected deal-making frenzy in 2022.  Architect Partners, a Palo Alto-based M&A firm, announced on Thursday that it has, rather fittingly, merged with Emergents in a deal the firms hope will create the “go-to crypto M&A and financing advisory firm.” The newly merged company will boast 12 people post-transaction — a figure its executives believe makes it one of the largest M&A firms dedicated exclusively to …

Crypto exchange Kraken acquires staking startup Staked

On Tuesday, crypto exchange service Kraken announced that it had acquired Staked, a non-custodial staking startup. Though details of the acquisition deal were not disclosed in the announcement, Kraken said that the acquisition was “one of the largest crypto industry acquisitions to date” and would help the exchange company “develop innovative new staking products for all our clients and expand the number of proof-of-stake networks supported on our platform.” “We are excited to add Staked to our portfolio of yield …

Crypto industry M&A activity surged 131% in 2021

Cryptocurrency deal-making clocked in record volumes after a frenzied year for merger and acquisitions, with approximately $6.1 billion in M&A volume driven by crypto-native, finance, and technology companies.  As noted by The Block Research’s 2022 Digital Asset Outlook report, M&A transactions hit a record high for the sector with more than 197 acquisitions so far this year. That growth represents a nearly 130% increase compared to last year, which clocked in 85 transactions. The surge in dealmaking has been fueled …

Republic snaps up UK’s Seedrs following blocked merger

Republic has acquired UK crowdfunding platform Seedrs in a bid to create a cross-Atlantic investment platform, according to an announcement. The deal valued Seedrs at approximately $100 million and follows the US investment platform’s recent $150 million Series B.  The news comes after the Competition & Markets Authority, the UK competition watchdog, forced Seedrs to terminate its planned merger with local rival Crowdcube earlier this year.  “In working with Seedrs, we have admired their technological capabilities, the strength of their …