Tag: acquisition

Anchorage Digital Expands Stablecoin Strategy with Mountain Protocol Acquisition

Anchorage Digital Expands Stablecoin Strategy with Mountain Protocol Acquisition

Anchorage Digital, a federally chartered crypto bank and custodian, has announced a major next step. They’ve entered into a definitive agreement to buy Mountain Protocol, a stablecoin issuer. This acquisition is an indication of Anchorage’s strategic direction to continue extending their support for institutional stablecoin adoption. The agreement comes at...

CryptoPunks 2.0? Why NODE's Acquisition Sparked a 10% Price Jump

CryptoPunks 2.0? Why NODE's Acquisition Sparked a 10% Price Jump

The NFT space is full of twists and turns. The NODE Foundation’s recent purchase of CryptoPunks has most certainly made a splash! Unsurprisingly, the CryptoPunks floor price responded almost instantly. It saw a significant increase, rising as much as 10% in short order. What’s driving this pump, and is it...