Crypto Acquisition Deal:- June 2 came as the “Acquisition Day” in crypto. Four high-profile purchase agreements – together valued atleast $265 million in disclosed value – were finalized. Here’s a quick glance followed by detailed breakdown; Consensys acquire Wallet Infrastructure Provider, Web3Auth for $50 million in cash and equity. FalconX bought a 60 percent stake in Headge Fund Monarq Asset Management, Monarq’s parent Robinhood now owns crypto Exchange Bitstamp after $200 million deal and, last but not the least OSL signing SAP for 90% stake in Evergreen Crest Holdings Ltd for $15 million to operate Multikripto Exchange in Indonesia. Consensys, FalconX – Moves Aimed At Boosting Capabilities Core infrastructure developer Consensys has acquired Web3Auth for its subsidiary crypto wallet project, MetaMask. As one of the most popular self-custodial crypto wallet, Consensys aims to bring security of funds for its Meta Mask users. Web3Auth’s capabilities will be integrated into MetaMask to… Read More at Coingape.com
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