4 Acquisitions in the Cryptocurrency industry

January 16, 2023

Company acquisitions in the Cryptocurrency industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 4 acquisitions that took place in the Cryptocurrency industry.

Coinberry acquired by WonderFi

Details about the transaction:

Acquisition amount: $38,500,000

Announcement: 18 April 2022

Details about the company:

With 0% withdrawal and financing fees, Coinberry is the fastest-growing FINTRAC-registered cryptocurrency trading platform in Canada.

Headquarter:

Where to find them: Website

Industry: Blockchain, Cryptocurrency, Financial Services, FinTech, Information Technology, Software

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Crypto Blockchain Plug acquired by Extreme Vehicle Battery Technologies Corp

Details about the transaction:

Acquisition amount: $6,000,000

Announcement: 22 October 2021

Details about the company:

The premier bitcoin site in the region, Crypto Blockchain Plug, features a trading floor in addition to a large number of seminars, presentations, and events.

Headquarter:

Where to find them: Website

Industry: Blockchain, Cryptocurrency, Education, Event Management, STEM Education, Virtual Workforce

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Desetech Systems acquired by VeoShop

Details about the transaction:

Acquisition amount: $2,500,000

Announcement: 21 July 2022

Details about the company:

A Dominican technology and media business committed to the development of metaverse technology is called Desetech Systems SRL.

Headquarter:

Where to find them: Website

Industry: Cryptocurrency, Film Production, Information Technology, Media and Entertainment, Payments, Software, TV Production, Video Streaming

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

von der Heydt acquired by Bitcoin Group SE

Details about the transaction:

Acquisition amount: $14,892,793

Announcement: 14 December 2022

Details about the company:

Blockchain technology is used by Von der Heydt, a digital bank that offers safe custody of cryptocurrency, payment transactions, and tokenization.

Headquarter:

Where to find them: Website

Industry: Banking, Commercial Lending, Cryptocurrency, Financial Services

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

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