Leading U.S. crypto exchange Coinbase has acquired trade execution startup Routefire. The terms of the deal were not disclosed.
Talks regarding a possible acquisition by PayPal of bitcoin custodian BitGo have fallen through, Fortune reported, citing multiple sources. Read more: PayPal Said to Be in Talks to Buy Crypto Firms Including BitGo: Bloomberg
The cryptocurrency merchant bank has acquired a lending firm and a trading company as it seeks to become the "go to" platform for institutional access to digital assets, the firm said Friday.