Investment and advisory firm TCM & Technologies Pte Ltd (TCM) and FinTech firm Trovio have announced their merger to form a crypto firm, named Trovio Group Pte Ltd (Trovio Group).
TCM provides institutional-recognizable investment products for frontier markets.
Global music distribution and record label services company Ditto has announced a new peer-to-peer platform to help increase artists’ access to capital without the need for traditional institutions such as banks.
Called Opulous, the new peer-to-peer platform claims to be the first-ever decentralized finance (DeFi) offering backed by music as an asset class.
Arrington XRP Capital, a hedge fund owned by TechCrunch founder Michael Arrington, has merged with crypto fund ByteSize Capital.
Founded in November 2017, Arrington XRP Capital is a digital asset management firm in blockchain-based capital markets. The fund trades and holds crypto assets,
Smartrac, a digital services firm backed by JP Morgan, has partnered with blockchain startup SUKU Ecosystem to integrate SUKU’s supply chain platform.
Smartrac develops, manufactures, and supplies radio frequency identification (RFID) and NFC transponders and inlays primarily in Europe,
The Bitstamp exchange has been acquired by NXMH, a Belgium-based investment company. NXMH is owned by NXC, which also owns South Korean cryptocurrency exchange Korbit, but representatives said Bitstamp and Korbit will continue to operate independently. The two companies plan on generating synergies in a number of areas,
Blockchain startup Chain has been acquired by Lightyear Corporation, a for-profit entity created by blockchain firm Stellar, for an undisclosed sum.
Founded in 2014, Chain builds enterprise-grade blockchain products leveraged by major financial organizations including Visa, Nasdaq, and Citigroup.
Online real estate investment platform StraightUp has merged with blockchain startup Slice. The merger will enable the two companies to combine real estate investment opportunities via a blockchain platform, thus boosting transparency, liquidity, and efficacy of transactions.
StraightUp is a real estate equity platform that enables accredited investors to participate in the high-growth potential of New York real estate opportunities with a new level of transparency and access the largest appreciation layer of the “capital stack.”
Justin Sun, the founder of blockchain startup Tron, has acquired peer-to-peer (P2P) file sharing platform BitTorrent for $120 million.
BitTorrent is a communication protocol for P2P file sharing which is used to distribute data and electronic files over the Internet.
Cryptocurrency exchange Coinbase has acquired token-based social network Earn.com, in a deal worth more than $100 million.
Earn.com, formerly known as 21 Inc, is a token-based social network that allows senders to pay users in cryptocurrency to reply to emails and complete tasks.
Cryptocurrency exchange Coinbase has acquired Cipher Browser to boost its decentralized mobile browser and ethereum wallet. Terms of the deal weren’t disclosed.
Cipher Browser is a mobile Web 3 decentralized applications (DApp) browser and wallet for the ethereum blockchain. It allows users to interact with Web 3 DApps powered by ethereum on their mobile device,
