Paxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland.

Bridge acquired Triangle for an undisclosed amount.

The completion of the acquisition is subject to regulatory approval in Spain.

Stablecoins have emerged as the main use-case for blockchains, especially for cross-border payments, the report said.

The company will also become one of the first validators on the Berachain mainnet.

The company received takeover interest from a potential investor while conducting a Series B funding round.

The deal comes weeks after Riot Platforms dropped a bid to buy Bitfarms, choosing to overhaul the company's board before pursuing a takoever again.

The acquisition of ETC Group's $1 billion in assets under management takes Bitwise's AUM above $4.5 billion.

Riot will have the second-largest capacity among U.S.