On 2 June 2025, Robinhood announced acquiring the 2011-founded global cryptocurrency exchange Bitstamp. The acquisition is mainly part of Robinhood’s efforts to expand its crypto services worldwide. Importantly, the $200 million deal will give Robinhood the edge it sought as it introduces its first institutional crypto business. “The acquisition of Bitstamp is a major step … Read more
An under-the-radar altcoin witnessed a mild jump in price on Thursday after the venture capital giant Andreessen Horowitz (a16z) announced it was investing $55 million in the token. Ali Yahya, a general partner at a16z crypto, announced the investment in ZRO, the native token of the omnichain interoperability protocol LayerZero. LayerZero aims to move data … Read more
9GAG has reportedly taken control of Hong Kong-listed Howkingtech, which may be rebranded as MemeStrategy to explore AI, cryptocurrencies, and creator economy opportunities. Ray Chan, the co-founder of 9GAG, a popular meme-sharing and news site, is said to have taken charge of Howkingtech International as part of a plan to expand into AI, cryptocurrencies, and … Read more
Solana-based memecoin BONK has acquired Exchange Art, a digital marketplace for fine-art NFTs. The move brings new leadership to the platform, with artist J.T. Liss stepping in to guide the marketplace’s next phase. BONK (BONK) is a cryptocurrency built on Solana (SOL), a blockchain designed for fast and low-cost transactions. Memecoins, like BONK, are cryptocurrencies … Read more
Why This Acquisition Matters The acquisition helps DeFi Technologies diversify its revenue streams and boost its technological edge. Neuronomics’ AI-powered trading strategy has shown strong performance in forward-testing, including: Performance Metric Result Annual Returns 80% Market Downturn Returns Positive (During 20% market downturn) Sharpe Ratio Greater than 1 Volatility Reduced These results suggest that Neuronomics’ … Read more