Bitpanda, the Swiss-based crypto asset services provider, has acquired Trustology, the UK-based provider of trust and custody services for digital assets. Bitpanda will rebrand as Bitpanda Custody as a result of the deal. Bitpanda’s digital asset exchange now commits to offset custody fees, bringing them down to zero for users on Bitpanda. The deal also…
Category: M&A
Mercado Libre takes stake in Paxos
Mercado Libre has acquired shares in the 2TM Group, the parent company of MercadoBitcoin.com, and has made a strategic investment in Paxos, a regulated blockchain infrastructure platform that powers the Mercado Pago cryptocurrency service in Brazil.
Gemini acquires Omniex
Gemini, the crypto firm founded by the Winklevoss brothers, has acquired Omniex, a trading technology platform that provides order, execution, and portfolio management system solutions for institutional crypto trading. Omniex was founded by CEO Hu Liang and chief strategy officer John Burnett, both of whom worked at State Street. As part of this acquisition, the…