4 Acquisitions of Companies in the Cryptocurrency Industry

January 15, 2023
Acquisitions Hub

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.

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:

Santo Domingo, Distrito Nacional, Dominican Republic

Where to find them:

Industry:

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

Details about the buyer:

Desetech Systems, SRL, a Dominican Republic-based corporation, is parent-held by VeoShop, LLC in the United States.

Headquarter:

New York, New York, United States

Where to find them:

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:

Munich, Bayern, Germany

Where to find them:

Industry:

Banking, Commercial Lending, Cryptocurrency, Financial Services

Details about the buyer:

A holding company with an emphasis on cutting-edge and disruptive business concepts and technology is Bitcoin Group SE.

Headquarter:

Herford, Nordrhein-Westfalen, Germany

Where to find them:

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:

Toronto, Ontario, Canada

Where to find them:

Industry:

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

Details about the buyer:

Through DeFi, WonderFi, a technological business, is improving people's access to financial services.

Headquarter:

Vancouver, British Columbia, Canada

Where to find them:

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:

Inglewood, California, United States

Where to find them:

Industry:

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

Details about the buyer:

Company with cutting-edge blockchain and battery technology is called Extreme Vehicle Battery Technologies Corp.

Headquarter:

Vancouver, British Columbia, Canada

Where to find them: