SShortSingh.
TopTechnologyAI & MLStartupsProgrammingScienceBusinessFinanceCrypto & Web3World
Back to feed
Crypto & Web3

B2C2 Held Acquisition Talks With Multiple Buyers Over 18 Months

0
·1 views

B2C2, a crypto market maker owned by Japan's SBI Group, has been in sale discussions with several potential buyers over the past 18 months. The firm attracted takeover interest from multiple suitors, signaling broader consolidation interest in the crypto trading sector. However, disagreements over valuation have reportedly prevented any deal from being finalized. No buyer has been publicly identified, and it remains unclear whether talks are still ongoing.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
Crypto & Web3CoinDesk ·

EU's 21st Russia Sanctions Package Targets $120B Crypto Network, 14 Firms

The European Union has unveiled its 21st package of sanctions against Russia, with a significant focus on cryptocurrency. The package targets a crypto network reportedly valued at $120 billion, with 14 crypto companies identified for action, though their names have not yet been disclosed. Notably, the EU is for the first time considering a ban on third-country crypto service providers as part of the measures. The move signals a broadening of EU efforts to close financial loopholes that may be used to circumvent existing Russia-related restrictions.

0 comments Read more at CoinDesk
0
Crypto & Web3CoinDesk ·

Bitcoin options see $5B cluster at $70K-$72K strikes, calls dominate puts

Nearly $5 billion in open interest has accumulated at Bitcoin's $70,000 and $72,000 call strike prices on derivatives exchange Deribit. The concentration of activity at these specific price levels signals strong bullish sentiment among options traders. Call options, which profit when prices rise, significantly outnumber put options at these strikes. This skew toward calls suggests that a notable portion of the market is positioning for Bitcoin to reach or exceed the $70,000–$72,000 range.

0 comments Read more at CoinDesk
0
Crypto & Web3CoinDesk ·

Bitcoin Holds Near $65,000 Despite Oil Surge Amid Ongoing Iran Conflict

Bitcoin traded just below $65,000 on Friday, with the broader crypto market posting gains. Brent crude oil climbed to $97.66, its highest level since May, driven by ongoing tensions related to the Iran conflict. Despite the sharp rise in oil prices, traditional financial markets remained largely subdued. The resilience of crypto assets suggests that investors are not treating the oil surge as a major risk signal for digital assets.

0 comments Read more at CoinDesk