JMP Group LLC, a leading San-Francisco-based investment banking and asset management company, released its cryptocurrency findings for 2017 and shared an outlook on the M&A activity in the digital coin market for 2018. According to the research, cryptocurrency M&A activity was not correlated with the pressure that has hit the overall cryptocurrency market in 2017.…
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After Goldman Sachs-funded company Cirle acquired Poloniex, one of Coinbase’s biggest rivals, Coinbase may be on the hunt of lucrative M&A opportunities, as rumored by media. One of the major reasons for press to speculate on Coinbase’s future intentions is the recent appointment of Emilie Choi, a famous dealmaker who previously brought over 40 acquisitions…
Read moreShareholders of London Stock Exchange Group Plc (LON:LSE) are set to vote on the proposed merger with Deutsche Boerse AG (ETR:DB1) in July, according to a joint statement from the companies made this morning. LSEG and Deutsche Boerse note that they continue to make good progress with the preparation of the relevant documentation for their shareholders…
Read moreBTCS Inc (OTCMKTS:BTCS), formerly known as Bitcoin Shop, Inc, has just filed its financial report for the quarter to March 31, 2016, with the company staying in the red, although revenues showed a significant rise from the same period a year earlier. The company posted a net loss of $2.04 million, reflecting high operating expenses.…
Read moreMarkets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) today unveiled its new name - NEX Group plc, which will be adopted after the completion of the proposed transaction by ICAP to sell its global hybrid voice broking and information business to Tullett Prebon Plc (LON:TLPR). Under the transaction…
Read moreLess than three months after Israel’s Office of Chief Scientist (OCS) approved the proposed merger of blockchain technology focused group BTCS Inc (OTCMKTS:BTCS) and Spondoolies-Tech Ltd, the Israeli transaction verification server manufacturer ceased operations. On May 4, 2016, a hearing was held in the district court in Beersheva, Israel during which certain parties sought appointment of…
Read moreProvider of investor communications and technology-driven solutions to banks, broker-dealers, mutual funds and corporate issuers Broadridge Financial Solutions, Inc. (NYSE:BR) today announces an expansion of its Global Post Trade Management (GPTM) solution, adding exchange-traded derivatives functionality via the acquisition of niche tech firm Dojima LLC. As a result of the deal, whose terms were not…
Read moreInternational provider of financial information services Markit Ltd (NASDAQ:MRKT) today announces that it has acquired an interest in UK-based commodity markets research and price reporting agency PRIMA. PRIMA’s price assessment service provides impartial benchmarks for global niche markets in renewable commodities. PRIMA has designed its own unique competitive proprietary pricing software to eliminate some of…
Read moreA follow-up to LeapRate's earlier report about Intercontinental Exchange Inc (NYSE:ICE) considering a bid for London Stock Exchange Group Plc (LON:LSE)... ICE today announces that it has no current intention to make an offer for LSEG. ICE stated that following due diligence on the information made available, it determined that there was insufficient engagement to confirm…
Read moreA follow-up to LeapRate's earlier report about the investigation by the Competition and Markets Authority (CMA) of the acquisition of Trayport by Intercontinental Exchange Inc (NYSE:ICE)... Last week, the CMA said that it would refer the merger for an in-depth investigation unless Intercontinental Exchange (ICE) offered necessary undertakings to address the CMA’s competition concerns. The regulator…
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