Like Bitvo, Inc.

announced 6/17/2022 via BusinessWire

Ftx Trading Ltd., will acquire Bitvo, Inc.

See 29 Comparable Transactions
synopsis: FTX Trading Limited, a leading global crypto-asset trading platform, announced that it has entered into an agreement to acquire Bitvo, Inc., a Canadian crypto asset trading platform that facilitates buying and selling of crypto assets through its best-in-class website and mobile applications.
buyer: Ftx Trading Ltd.
Hong Kong-based FTX is a cryptocurrency exchange that offers innovative products, including industry-first derivatives, options, volatility products and leveraged tokens. The company strives to develop a platform robust enough for professional trading firms and intuitive enough for first-time users."
 target: Bitvo, Inc.
Bitvo is a Canadian crypto asset trading platform that facilitates buying and selling of crypto assets through its best-in-class website and mobile applications.
price ($mm)
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EV / rev
EV / EBITDA
announced 3/24/2022 via PR Newswire

Wellfield Technologies, will acquire CoinMama

See 29 Comparable Transactions
synopsis: Wellfield Technologies, Inc., a Canadian company that creates decentralized financial products and services, will acquire Coinmama, a global online platform for buying and selling cryptocurrency. Coinmama aims to simplify the way the world does cryptocurrency. Their platform makes it fast and safe to buy digital currency, anywhere in the world.
buyer: Wellfield Technologies (TSXV:WFLD:$0.01)
Wellfield Technologies is a Canadian company that creates decentralized financial products and services. Wellfield uses blockchain technology to create the next generation financial solutions that enables users to manage their cryptocurrency and link their bank to the blockchain. "
 target: CoinMama
Coinmama is a global online platform for buying and selling cryptocurrency. Coinmama aims to simplify the way the world does cryptocurrency. Their platform makes it fast, safe and fun to buy digital currency, anywhere in the world.
price ($mm)
$38
rev ($mm)
$130
EBITDA ($mm)
EV / rev
0.3x
EV / EBITDA
announced 2/2/2022 via BNC Analysis

Ftx Trading Ltd., will acquire Liquid Group Inc.

See 29 Comparable Transactions
synopsis: FTX, a Hong Kong-based cryptocurrency exchange, will acquire Liquid, a cryptocurrency trading platform based in Japan. Liquid provides a secure online and mobile trading platform that makes it safe and easy to buy cryptocurrency. Their platform allows users to buy and sell Bitcoin, Ethereum, XRP and many other cryptocurrencies with fiat or crypto.
buyer: Ftx Trading Ltd.
Hong Kong-based FTX is a cryptocurrency exchange that offers innovative products, including industry-first derivatives, options, volatility products and leveraged tokens. The company strives to develop a platform robust enough for professional trading firms and intuitive enough for first-time users."
 target: Liquid Group Inc.
Liquid is a cryptocurrency trading platform based in Japan. Liquid provides a secure online and mobile trading platform that makes it safe and easy to buy cryptocurrency. Their platform allows users to buy and sell Bitcoin, Ethereum, XRP and many other cryptocurrencies with fiat or crypto.
price ($mm)
rev ($mm)
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EV / rev
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closed 8/26/2021 via GlobeNewswire

Life Clips, Inc., acquired Belfrics Group

See 29 Comparable Transactions
synopsis: Life Clips, a software development company, is pleased to announce it has closed on its previously announced acquisition of Belfrics Group, a global blockchain technology firm that runs cryptocurrency exchanges on its proprietary platform.
buyer: Life Clips, Inc. (OTCPK:LCLP:$0.00)
Life Clips is a software development company. Through the company's subsidiary, Mobeego, it develops and distributes an affordable adapter and single-use, cordless battery that provides an instant shot of power to cellular phones, so users can stay mobile whenever and wherever. "
 target: Belfrics Group
Belfrics Group is a global blockchain technology firm that runs cryptocurrency exchanges on its proprietary platform. Belfrics Exchange is a very simple, digital asset trading platform.
price ($mm)
$0.04
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/13/2021 via BNC Analysis

Ripio, acquired BitcoinTrade

See 29 Comparable Transactions
synopsis: Argentina’s Ripio has acquired BitcoinTrade, the second-largest crypto exchange in Brazil. Ripio (formerly called BitPagos) ended 2020 on a high, crossing the 1 million user milestone. BitcoinTrade is the safest broker in Brazil to buy and sell digital currencies like Bitcoin, Ethereum, Litecoin and others.
buyer: Ripio
Ripio (formerly BitPagos) is the largest virtual wallet in Latin America for virtual currency transactions. Ripio is the simplest and safest way to buy and sell cryptocurrencies, bitcoin, ethereum, dai, invest in crypto dollars and generate fixed monthly profits with Ripio Earn. "
 target: BitcoinTrade
BitcoinTrade is the second-largest crypto exchange in Brazil. BitcoinTrade is the safest broker in Brazil to buy and sell digital currencies like Bitcoin, Ethereum, Litecoin and others. BitcoinTrade for Android was developed to offer the best possible experience.
price ($mm)
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EV / rev
EV / EBITDA
closed 1/5/2021 via BusinessWire

Coindesk Ltd, acquired TradeBlock

See 52 Comparable Transactions
synopsis: CoinDesk, the global leader in crypto and blockchain news, events, data and research, announced it has acquired TradeBlock, one of the longest standing providers of institutional trading tools, data, and indices for digital currencies.
buyer parent: Digital Currency Group
buyer: Coindesk Ltd
CoinDesk is the world leader in news and information on digital currencies such as bitcoin, and its underlying technology – the blockchain. CoinDesk covers news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world. "
 target: TradeBlock
TradeBlock is one of the longest standing providers of institutional trading tools, data, and indices for digital currencies. TradeBlock calculates and publishes industry leading reference rates for digital currencies that are used to price countless OTC transactions, AUM, and derivatives.
price ($mm)
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announced 10/14/2020 via Company Press Release

Arcane Crypto AS, will acquire Kaupang Krypto AS

See 29 Comparable Transactions
synopsis: Oslo-based Arcane Crypto AS will acquire Kaupang Krypto AS, a Norwegian company that facilitates the buying and selling of cryptocurrencies and is registered with the Norwegian Financial Supervisory Authority. The acquisition of Kaupang Krypto will strengthen Arcane Crypto’s position within the exchange of cryptocurrencies in Norway.
buyer: Arcane Crypto AS
Arcane Crypto is a Norwegian company developing and investing in projects focusing on Bitcoin and digital assets. The company develops and invests in projects focusing on Bitcoin and digital assets in order to build a bridge between the new digital economy and the traditional economy. "
 target parent: BullTech AS
target: Kaupang Krypto AS
Kaupang is a Norwegian company that facilitates the buying and selling of cryptocurrencies regulated by the Norwegian Financial Supervisory Authority. Kaupang supports a variety of cryptocurrencies, including Bitcoin, Ether, Bitcoin Cash, Litecoin, and Ripple, among others.
price ($mm)
$2.03
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/9/2020 via BusinessWire

Digital Currency Group, acquired Luno

See 29 Comparable Transactions
synopsis: Digital Currency Group (DCG), a global enterprise that builds, buys, and invests in blockchain companies, announced the acquisition of Luno, a leading cryptocurrency exchange. Luno products and services make it safe and easy to buy, store and learn about cryptocurrencies.
buyer: Digital Currency Group
Digital Currency Group builds, incubates and seeds bitcoin and blockchain technology-related companies. DCG owns and operates the industry's leading bitcoin brokerage firm, Genesis Trading, and the largest digital currency asset management firm, Grayscale Investments. "
 target: Luno
Luno is a leading cryptocurrency exchange based in London and operates across Africa, South East Asia and Europe. Luno products and services make it safe and easy to buy, store and learn about cryptocurrencies.
price ($mm)
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closed 1/29/2020 via finextra.com

Kraken, acquired Bit Trade Pty Ltd

See 29 Comparable Transactions
synopsis: Kraken, the world’s largest global bitcoin exchange, has acquired Bit Trade, Australia’s longest-running provider of digital currency trading services. Bit Trade helps individuals and businesses buy and sell cryptocurrency and other digital blockchain assets like Bitcoin, Ethereum, Ripple, and Litecoin through a single platform.
buyer: Kraken
Kraken is the largest Bitcoin exchange in euro volume and liquidity and also trading Canadian dollars, US dollars, British pounds and Japanese yen. Kraken is consistently rated the best and most secure Bitcoin exchange by independent news media. "
 target: Bit Trade Pty Ltd
Bit Trade is Australia’s longest-running provider of digital currency trading services. Bit Trade helps individuals and businesses buy and sell cryptocurrency and other digital blockchain assets like Bitcoin, Ethereum, Ripple, and Litecoin through a single platform.
price ($mm)
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closed 11/20/2019 via Company Press Release

Foxbit, acquired MODIAX

See 29 Comparable Transactions
synopsis: Foxbit, one of the largest bitcoin and cryptocurrency companies in Brazil, has acquired MODIAX, a cryptocurrency exchange in Brazil. MODIAX makes it easy for people to invest in crypto, even if they have never done it before. Their platform allows people to buy and sell bitcoin in 3 easy steps.
buyer: Foxbit
Foxbit is one of the largest bitcoin and cryptocurrency companies in Brazil. Foxbit delivers agility, transparency, liquidity and security to its clients, providing the best trading experience for bitcoin, ethereum (ether), litecoin and trueUSD in Brazil. "
 target: MODIAX
MODIAX is a cryptocurrency exchange in Brazil. MODIAX makes it easy for people to invest in crypto, even if they have never done it before. Their platform allows people to buy and sell bitcoin in 3 easy steps. MODIAX provides all the support and tools needed to invest in bitcoin.
price ($mm)
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EV / EBITDA
closed 6/17/2019 via PR Newswire

BnkToTheFuture, acquired Altcoin.io

See 29 Comparable Transactions
synopsis: BnkToTheFuture has acquired Altcoin.io, a decentralized exchange and peer-to-peer trading solution built upon the Ethereum blockchain, to build a compliant platform for trading security tokens. Altcoin.io combines an exchange interface with a trading engine to offer a fast, safe, and user-friendly platform for trading digital assets.
buyer: BnkToTheFuture
BnkToTheFuture is an online investment platform that has invested in Coinbase, Circle, Blockchain.com, Kraken, BitStamp, BitFinex, and more. It is a securities business with partnerships and stakes in other licensed companies including a U.S. broker-dealer and FCA authorized corporate finance house."
 target: Altcoin.io
Altcoin.io is a decentralized exchange and peer-to-peer trading solution built upon the Ethereum blockchain. Altcoin.io combines an intuitive exchange interface with a powerful trading engine to offer a fast, safe, and user-friendly platform for trading digital assets.
price ($mm)
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closed 2/14/2019 via BusinessWire

Coinsquare Ltd., acquired StellarX

See 29 Comparable Transactions
synopsis: Coinsquare, Canada’s premier cryptocurrency trading platform for trading Bitcoin, Ethereum, and other cryptocurrencies, announced it has acquired StellarX, a user-friendly way to trade all types of assets cheaply and quickly. They are free, fast, and list every asset class imaginable: crypto, fiat, commodities and more.
buyer: Coinsquare Ltd.
Founded in 2014, Coinsquare is one of the world’s premier cryptocurrency platforms for trading Bitcoin, Ethereum, and other cryptocurrencies. "
 target: StellarX
StellarX is a user-friendly way to trade all types of assets cheaply and quickly. They are free, fast, and list every asset class imaginable: crypto, fiat, commodities and more.
price ($mm)
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closed 2/4/2019 via BusinessWire

Kraken, acquired Crypto Facilities

See 62 Comparable Transactions
synopsis: Kraken, the largest Bitcoin exchange in euro volume and liquidity, announced the acquisition of Crypto Facilities, a world-leading, regulated cryptocurrency trading platform and index provider based in the UK.
buyer: Kraken
Kraken is the largest Bitcoin exchange in euro volume and liquidity and also trading Canadian dollars, US dollars, British pounds and Japanese yen. Kraken is consistently rated the best and most secure Bitcoin exchange by independent news media. "
 target: Crypto Facilities
Crypto Facilities is a world-leading cryptocurrency trading platform, offering individuals and institutions regulated, transparent and secure derivatives trading 24/7/365. They are based in London, UK.
price ($mm)
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closed 1/8/2019 via BusinessWire

EZAdvance Consumer Lending, acquired Alconomy Technologies

See 29 Comparable Transactions
synopsis: Philippines based EZAdvance Consumer Lending, a rapidly growing financial services company specializing in Consumer lending and Trade Finance, has acquired the tech assets of New Delhi based Alconomy Technologies, a cryptocurrency exchange and wallet based in India.
buyer: EZAdvance Consumer Lending
EZAdvance Consumer Lending is a rapidly growing financial services company specializing in Consumer lending and Trade Finance with headquarters in Makati City and offices across Philippines. "
 target: Alconomy Technologies
Alconomy Technologies was started in 2017 as a cryptocurrency exchange and wallet based in India. Cryptocurrency trading was banned by Reserve Bank of India in 2018.
price ($mm)
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EV / EBITDA
closed 9/19/2018 via BNC Analysis

Huobi, acquired Bit Trade

See 29 Comparable Transactions
synopsis: Huobi Global's wholly owned subsidiary, Huobi Japan Holding Ltd, has recently acquired a majority stake in Japan’s BitTrade — one of only 16 regulated crypto exchanges in the country, Huobi Japan will get 100 percent of the shares from True Joyful Limited, BVI, which holds all of the beneficiary interest in the company.
buyer: Huobi
Headquartered in Singapore, Huobi is one of the world's largest crypto exchanges, ranked the fourth largest in the world by daily trade volumes. "
 target: Bit Trade
BitTrade is one of only 16 regulated and Japanese government-approved crypto currency trading platforms.
price ($mm)
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announced 8/31/2018 via BNC Analysis

Rakuten Card, will acquire Everybody's Bitcoin

See 29 Comparable Transactions
synopsis: Rakuten, Inc. announces that y it decided to acquire Everybody’s Bitcoin through its subsidiary, Rakuten Card Co., Ltd. Everybody's Bitcoin is an unlicensed cryptocurrency exchange platform. Currently, Everybody’s Bitcoin operates as a deemed cryptocurrency exchange and is waiting for approval of the official registration.
buyer parent: Rakuten Inc.
buyer: Rakuten Card
Rakuten Card Co., Ltd. offers consumer loan card and credit guarantee services. Rakuten Card Co., Ltd. also offers loans specifically designed for merchants. "
 target parent: Traders Holdings Co., Ltd.
target: Everybody's Bitcoin
Everybody's Bitcoin is an unlicensed cryptocurrency exchange platform. Currently, Everybody’s Bitcoin operates as a deemed cryptocurrency exchange and is waiting for approval of the official registration.
price ($mm)
$2.39
rev ($mm)
$0
EBITDA ($mm)
EV / rev
10.4x
EV / EBITDA
announced 1/19/2016 via BusinessWire

Kraken, will acquire Coinsetter

See 29 Comparable Transactions
synopsis: Kraken announced that they are acquiring major exchanges Coinsetter and its subsidiary, Cavirtex. Coinsetter is one of America’s most prominent national bitcoin exchanges and Cavirtex is Canada’s first bitcoin exchange.
buyer: Kraken
Kraken is the world’s largest global bitcoin exchange in euro volume and liquidity. Their clients also trade US dollars, Canadian dollars, British pounds, Japanese yen and other digital currencies on a platform consistently rated the best and most secure bitcoin exchange by independent news media. "
 target: Coinsetter
Coinsetter is a Wall Street built bitcoin exchange for firms and individuals. Their platform puts the power of institutional bitcoin trading at their fingertips. Coinsetter subsidiary Cavirtex is Canada’s first bitcoin exchange with unmatched historical trading volume.
price ($mm)
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announced 4/18/2022 via BNC Analysis

WonderFi Technologies Inc., will acquire Coinberry Limited

See 29 Comparable Transactions
synopsis: WonderFi Technologies Inc., a technology company focused on centralized and decentralized platforms, will acquire Coinberry, an online and mobile crypto trading platform in Canada. Coinberry provides investors with the easiest way to buy and sell crypto. Their platform allows users to buy and sell Bitcoin, Etherum, Dogecoin, Terra, ZCash, and more.
buyer: WonderFi Technologies Inc. (NEOE:WNDR:$0.00)
WonderFi is a leading technology company with the mission of creating better access to digital assets through compliant centralized and decentralized platforms. WonderFi has a multi-pronged business strategy which includes a high-growth consumer finance app. "
 target: Coinberry Limited
Coinberry is an online and mobile crypto trading platform in Canada. Coinberry provides investors with the easiest and safest way to buy and sell crypto. Their platform allows users to buy and sell various cryptocurrencies, including Bitcoin, Etherum, Dogecoin, Terra, ZCash, and more.
price ($mm)
$31
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/17/2020 via PR Newswire

Calvin Ng, acquired ABCC Exchange

See 29 Comparable Transactions
synopsis: Calvin Ng, a serial entrepreneur and angel investor in Hong Kong, has acquired ABCC Exchange, a leading cryptocurrency exchange in Singapore. ABCC is an online and mobile platform that makes trading cryptocurrencies easy. The platform provides investors with market data in real time and enables them to make efficient transactions at low rates.
buyer: Calvin Ng
Calvin Ng is a serial entrepreneur and investor in Hong Kong with extensive experience in digital media, social networking and the gaming industry. Calvin manages a US$200 million blockchain and innovation fund (PLUTUS VC) which has invested in several blockchain and technology companies worldwide. "
 target: ABCC Exchange
ABCC Exchange is a leading cryptocurrency exchange in Singapore. ABCC is an online and mobile platform that makes trading cryptocurrencies easy. The platform provides investors with professional market data in real time and enables them to make secure, fast, and efficient transactions at low rates.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/8/2020 via BusinessWire

Guru Capital, acquired ETX Capital

See 159 Comparable Transactions
synopsis: Guru Capital, a Switzerland-based private equity firm, has acquired ETX Capital from JRJ Group, a leading international private equity investment firm. ETX Capital is a leading provider of financial spread betting, forex and CFDs in the UK. ETX Capital offers online trading services for forex, commodities, cryptocurrencies, shares, and indices.
buyer: Guru Capital
Guru Capital is a Switzerland-based private equity firm with specific experience in the CFD space. Guru Capital seeks investment opportunities with active companies in the EMEA and APAC regions whom have a special focus on FX & CFD. "
 target parent: JRJ Group
target: ETX Capital
ETX Capital is a leading provider of financial spread betting, forex and CFDs in the UK. ETX Capital offers online trading services for forex, commodities, cryptocurrencies, shares, and indices. Their platform empowers traders to stay ahead of financial markets with advanced research tools.
price ($mm)
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EV / rev
EV / EBITDA
Pages:  
announced 6/17/2022 via BusinessWire

Ftx Trading Ltd., will acquire Bitvo, Inc.

See 29 Comparable Transactions
synopsis: FTX Trading Limited, a leading global crypto-asset trading platform, announced that it has entered into an agreement to acquire Bitvo, Inc., a Canadian crypto asset trading platform that facilitates buying and selling of crypto assets through its best-in-class website and mobile applications.
buyer: Ftx Trading Ltd.
Hong Kong-based FTX is a cryptocurrency exchange that offers innovative products, including industry-first derivatives, options, volatility products and leveraged tokens. The company strives to develop a platform robust enough for professional trading firms and intuitive enough for first-time users."
 target: Bitvo, Inc.
Bitvo is a Canadian crypto asset trading platform that facilitates buying and selling of crypto assets through its best-in-class website and mobile applications.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/22/2022 via PR Newswire

Ftx Trading Ltd., will acquire Embed Financial Technologies Inc.

See 186 Comparable Transactions
synopsis: FTX US will acquire Embed Financial Technologies Inc., including its wholly-owned subsidiary Embed Clearing LLC, a new FINRA, DTC, NSCC, Nasdaq, and IEX member clearing firm. Embed specializes in providing whitelabel brokerage services and APIs to broker-dealers and registered investment advisors.
buyer: Ftx Trading Ltd.
FTX US is a US-regulated cryptocurrency exchange, built from the ground up. Its mission is for FTX US to grow the digital currency ecosystem, offer US and international traders a platform that inspires their loyalty, and to become a market-leading US-regulated cryptocurrency exchange. "
 target: Embed Financial Technologies Inc.
Embed specializes in providing whitelabel brokerage services and APIs to broker-dealers and registered investment advisors. Embed offers a securities execution, clearing, settlement, and custody platform to embed equities, options, and more into any product.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 6/17/2022 via BusinessWire

Ftx Trading Ltd., will acquire Bitvo, Inc.

See 29 Comparable Transactions
synopsis: FTX Trading Limited, a leading global crypto-asset trading platform, announced that it has entered into an agreement to acquire Bitvo, Inc., a Canadian crypto asset trading platform that facilitates buying and selling of crypto assets through its best-in-class website and mobile applications.
buyer: Ftx Trading Ltd.
Hong Kong-based FTX is a cryptocurrency exchange that offers innovative products, including industry-first derivatives, options, volatility products and leveraged tokens. The company strives to develop a platform robust enough for professional trading firms and intuitive enough for first-time users."
 target: Bitvo, Inc.
Bitvo is a Canadian crypto asset trading platform that facilitates buying and selling of crypto assets through its best-in-class website and mobile applications.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/23/2022 via PR Newswire

Ftx Trading Ltd., acquired Storybook Brawl

See 934 Comparable Transactions
synopsis: FTX US, a leading U.S.-regulated cryptocurrency company, announced that they have acquired Olympia, Wash.-based developer, Good Luck Games, creator of the popular upcoming card auto battle game Storybook Brawl. Storybook Brawl is a lighthearted card-based autobattler game featuring characters from beloved fairy tales and myths.
buyer: Ftx Trading Ltd.
Hong Kong-based FTX is a cryptocurrency exchange that offers innovative products, including industry-first derivatives, options, volatility products and leveraged tokens. The company strives to develop a platform robust enough for professional trading firms and intuitive enough for first-time users."
 target: Storybook Brawl
Storybook Brawl is a popular upcoming card auto battle game created by Olympia, Wash.-based developer, Good Luck Games. Storybook Brawl is a lighthearted card-based autobattler game featuring characters from beloved fairy tales and myths.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/2/2022 via BNC Analysis

Ftx Trading Ltd., will acquire Liquid Group Inc.

See 29 Comparable Transactions
synopsis: FTX, a Hong Kong-based cryptocurrency exchange, will acquire Liquid, a cryptocurrency trading platform based in Japan. Liquid provides a secure online and mobile trading platform that makes it safe and easy to buy cryptocurrency. Their platform allows users to buy and sell Bitcoin, Ethereum, XRP and many other cryptocurrencies with fiat or crypto.
buyer: Ftx Trading Ltd.
Hong Kong-based FTX is a cryptocurrency exchange that offers innovative products, including industry-first derivatives, options, volatility products and leveraged tokens. The company strives to develop a platform robust enough for professional trading firms and intuitive enough for first-time users."
 target: Liquid Group Inc.
Liquid is a cryptocurrency trading platform based in Japan. Liquid provides a secure online and mobile trading platform that makes it safe and easy to buy cryptocurrency. Their platform allows users to buy and sell Bitcoin, Ethereum, XRP and many other cryptocurrencies with fiat or crypto.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/26/2020 via BNC Analysis

Ftx Trading Ltd., acquired Blockfolio, Inc.

See 237 Comparable Transactions
synopsis: Hong Kong-based FTX, a cryptocurrency exchange that offers derivatives, options, and other products, has acquired Blockfolio, a popular portfolio tracking app. Blockfolio lets users add their portfolio of cryptocurrencies and track their value over time. With the acquisition, FTX plans to launch a simpler trading experience for retail customers.
buyer: Ftx Trading Ltd.
Hong Kong-based FTX is a cryptocurrency exchange that offers innovative products, including industry-first derivatives, options, volatility products and leveraged tokens. The company strives to develop a platform robust enough for professional trading firms and intuitive enough for first-time users."
 target: Blockfolio, Inc.
Blockfolio is the leading network for mobile cryptocurrency portfolio tracking and management. Its Blockfolio Signal product is a first-of-its-kind communications platform that lets users receive updates directly from team leaders of the tokens they are interested in.
price ($mm)
rev ($mm)
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EV / rev
EV / EBITDA
announced 6/17/2022 via BusinessWire

Ftx Trading Ltd., will acquire Bitvo, Inc.

See 29 Comparable Transactions
synopsis: FTX Trading Limited, a leading global crypto-asset trading platform, announced that it has entered into an agreement to acquire Bitvo, Inc., a Canadian crypto asset trading platform that facilitates buying and selling of crypto assets through its best-in-class website and mobile applications.
buyer: Ftx Trading Ltd.
Hong Kong-based FTX is a cryptocurrency exchange that offers innovative products, including industry-first derivatives, options, volatility products and leveraged tokens. The company strives to develop a platform robust enough for professional trading firms and intuitive enough for first-time users."
 target: Bitvo, Inc.
Bitvo is a Canadian crypto asset trading platform that facilitates buying and selling of crypto assets through its best-in-class website and mobile applications.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/18/2022 via BNC Analysis

WonderFi Technologies Inc., will acquire Coinberry Limited

See 29 Comparable Transactions
synopsis: WonderFi Technologies Inc., a technology company focused on centralized and decentralized platforms, will acquire Coinberry, an online and mobile crypto trading platform in Canada. Coinberry provides investors with the easiest way to buy and sell crypto. Their platform allows users to buy and sell Bitcoin, Etherum, Dogecoin, Terra, ZCash, and more.
buyer: WonderFi Technologies Inc. (NEOE:WNDR:$0.00)
WonderFi is a leading technology company with the mission of creating better access to digital assets through compliant centralized and decentralized platforms. WonderFi has a multi-pronged business strategy which includes a high-growth consumer finance app. "
 target: Coinberry Limited
Coinberry is an online and mobile crypto trading platform in Canada. Coinberry provides investors with the easiest and safest way to buy and sell crypto. Their platform allows users to buy and sell various cryptocurrencies, including Bitcoin, Etherum, Dogecoin, Terra, ZCash, and more.
price ($mm)
$31
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/24/2022 via PR Newswire

Wellfield Technologies, will acquire CoinMama

See 29 Comparable Transactions
synopsis: Wellfield Technologies, Inc., a Canadian company that creates decentralized financial products and services, will acquire Coinmama, a global online platform for buying and selling cryptocurrency. Coinmama aims to simplify the way the world does cryptocurrency. Their platform makes it fast and safe to buy digital currency, anywhere in the world.
buyer: Wellfield Technologies (TSXV:WFLD:$0.01)
Wellfield Technologies is a Canadian company that creates decentralized financial products and services. Wellfield uses blockchain technology to create the next generation financial solutions that enables users to manage their cryptocurrency and link their bank to the blockchain. "
 target: CoinMama
Coinmama is a global online platform for buying and selling cryptocurrency. Coinmama aims to simplify the way the world does cryptocurrency. Their platform makes it fast, safe and fun to buy digital currency, anywhere in the world.
price ($mm)
$38
rev ($mm)
$130
EBITDA ($mm)
EV / rev
0.3x
EV / EBITDA
announced 2/2/2022 via BNC Analysis

Ftx Trading Ltd., will acquire Liquid Group Inc.

See 29 Comparable Transactions
synopsis: FTX, a Hong Kong-based cryptocurrency exchange, will acquire Liquid, a cryptocurrency trading platform based in Japan. Liquid provides a secure online and mobile trading platform that makes it safe and easy to buy cryptocurrency. Their platform allows users to buy and sell Bitcoin, Ethereum, XRP and many other cryptocurrencies with fiat or crypto.
buyer: Ftx Trading Ltd.
Hong Kong-based FTX is a cryptocurrency exchange that offers innovative products, including industry-first derivatives, options, volatility products and leveraged tokens. The company strives to develop a platform robust enough for professional trading firms and intuitive enough for first-time users."
 target: Liquid Group Inc.
Liquid is a cryptocurrency trading platform based in Japan. Liquid provides a secure online and mobile trading platform that makes it safe and easy to buy cryptocurrency. Their platform allows users to buy and sell Bitcoin, Ethereum, XRP and many other cryptocurrencies with fiat or crypto.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/26/2021 via GlobeNewswire

Life Clips, Inc., acquired Belfrics Group

See 29 Comparable Transactions
synopsis: Life Clips, a software development company, is pleased to announce it has closed on its previously announced acquisition of Belfrics Group, a global blockchain technology firm that runs cryptocurrency exchanges on its proprietary platform.
buyer: Life Clips, Inc. (OTCPK:LCLP:$0.00)
Life Clips is a software development company. Through the company's subsidiary, Mobeego, it develops and distributes an affordable adapter and single-use, cordless battery that provides an instant shot of power to cellular phones, so users can stay mobile whenever and wherever. "
 target: Belfrics Group
Belfrics Group is a global blockchain technology firm that runs cryptocurrency exchanges on its proprietary platform. Belfrics Exchange is a very simple, digital asset trading platform.
price ($mm)
$0.04
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/13/2021 via BNC Analysis

Ripio, acquired BitcoinTrade

See 29 Comparable Transactions
synopsis: Argentina’s Ripio has acquired BitcoinTrade, the second-largest crypto exchange in Brazil. Ripio (formerly called BitPagos) ended 2020 on a high, crossing the 1 million user milestone. BitcoinTrade is the safest broker in Brazil to buy and sell digital currencies like Bitcoin, Ethereum, Litecoin and others.
buyer: Ripio
Ripio (formerly BitPagos) is the largest virtual wallet in Latin America for virtual currency transactions. Ripio is the simplest and safest way to buy and sell cryptocurrencies, bitcoin, ethereum, dai, invest in crypto dollars and generate fixed monthly profits with Ripio Earn. "
 target: BitcoinTrade
BitcoinTrade is the second-largest crypto exchange in Brazil. BitcoinTrade is the safest broker in Brazil to buy and sell digital currencies like Bitcoin, Ethereum, Litecoin and others. BitcoinTrade for Android was developed to offer the best possible experience.
price ($mm)
rev ($mm)
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closed 1/5/2021 via BusinessWire

Coindesk Ltd, acquired TradeBlock

See 52 Comparable Transactions
synopsis: CoinDesk, the global leader in crypto and blockchain news, events, data and research, announced it has acquired TradeBlock, one of the longest standing providers of institutional trading tools, data, and indices for digital currencies.
buyer parent: Digital Currency Group
buyer: Coindesk Ltd
CoinDesk is the world leader in news and information on digital currencies such as bitcoin, and its underlying technology – the blockchain. CoinDesk covers news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world. "
 target: TradeBlock
TradeBlock is one of the longest standing providers of institutional trading tools, data, and indices for digital currencies. TradeBlock calculates and publishes industry leading reference rates for digital currencies that are used to price countless OTC transactions, AUM, and derivatives.
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announced 10/14/2020 via Company Press Release

Arcane Crypto AS, will acquire Kaupang Krypto AS

See 29 Comparable Transactions
synopsis: Oslo-based Arcane Crypto AS will acquire Kaupang Krypto AS, a Norwegian company that facilitates the buying and selling of cryptocurrencies and is registered with the Norwegian Financial Supervisory Authority. The acquisition of Kaupang Krypto will strengthen Arcane Crypto’s position within the exchange of cryptocurrencies in Norway.
buyer: Arcane Crypto AS
Arcane Crypto is a Norwegian company developing and investing in projects focusing on Bitcoin and digital assets. The company develops and invests in projects focusing on Bitcoin and digital assets in order to build a bridge between the new digital economy and the traditional economy. "
 target parent: BullTech AS
target: Kaupang Krypto AS
Kaupang is a Norwegian company that facilitates the buying and selling of cryptocurrencies regulated by the Norwegian Financial Supervisory Authority. Kaupang supports a variety of cryptocurrencies, including Bitcoin, Ether, Bitcoin Cash, Litecoin, and Ripple, among others.
price ($mm)
$2.03
rev ($mm)
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closed 9/9/2020 via BusinessWire

Digital Currency Group, acquired Luno

See 29 Comparable Transactions
synopsis: Digital Currency Group (DCG), a global enterprise that builds, buys, and invests in blockchain companies, announced the acquisition of Luno, a leading cryptocurrency exchange. Luno products and services make it safe and easy to buy, store and learn about cryptocurrencies.
buyer: Digital Currency Group
Digital Currency Group builds, incubates and seeds bitcoin and blockchain technology-related companies. DCG owns and operates the industry's leading bitcoin brokerage firm, Genesis Trading, and the largest digital currency asset management firm, Grayscale Investments. "
 target: Luno
Luno is a leading cryptocurrency exchange based in London and operates across Africa, South East Asia and Europe. Luno products and services make it safe and easy to buy, store and learn about cryptocurrencies.
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closed 6/17/2020 via PR Newswire

Calvin Ng, acquired ABCC Exchange

See 29 Comparable Transactions
synopsis: Calvin Ng, a serial entrepreneur and angel investor in Hong Kong, has acquired ABCC Exchange, a leading cryptocurrency exchange in Singapore. ABCC is an online and mobile platform that makes trading cryptocurrencies easy. The platform provides investors with market data in real time and enables them to make efficient transactions at low rates.
buyer: Calvin Ng
Calvin Ng is a serial entrepreneur and investor in Hong Kong with extensive experience in digital media, social networking and the gaming industry. Calvin manages a US$200 million blockchain and innovation fund (PLUTUS VC) which has invested in several blockchain and technology companies worldwide. "
 target: ABCC Exchange
ABCC Exchange is a leading cryptocurrency exchange in Singapore. ABCC is an online and mobile platform that makes trading cryptocurrencies easy. The platform provides investors with professional market data in real time and enables them to make secure, fast, and efficient transactions at low rates.
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closed 1/29/2020 via finextra.com

Kraken, acquired Bit Trade Pty Ltd

See 29 Comparable Transactions
synopsis: Kraken, the world’s largest global bitcoin exchange, has acquired Bit Trade, Australia’s longest-running provider of digital currency trading services. Bit Trade helps individuals and businesses buy and sell cryptocurrency and other digital blockchain assets like Bitcoin, Ethereum, Ripple, and Litecoin through a single platform.
buyer: Kraken
Kraken is the largest Bitcoin exchange in euro volume and liquidity and also trading Canadian dollars, US dollars, British pounds and Japanese yen. Kraken is consistently rated the best and most secure Bitcoin exchange by independent news media. "
 target: Bit Trade Pty Ltd
Bit Trade is Australia’s longest-running provider of digital currency trading services. Bit Trade helps individuals and businesses buy and sell cryptocurrency and other digital blockchain assets like Bitcoin, Ethereum, Ripple, and Litecoin through a single platform.
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closed 11/20/2019 via Company Press Release

Foxbit, acquired MODIAX

See 29 Comparable Transactions
synopsis: Foxbit, one of the largest bitcoin and cryptocurrency companies in Brazil, has acquired MODIAX, a cryptocurrency exchange in Brazil. MODIAX makes it easy for people to invest in crypto, even if they have never done it before. Their platform allows people to buy and sell bitcoin in 3 easy steps.
buyer: Foxbit
Foxbit is one of the largest bitcoin and cryptocurrency companies in Brazil. Foxbit delivers agility, transparency, liquidity and security to its clients, providing the best trading experience for bitcoin, ethereum (ether), litecoin and trueUSD in Brazil. "
 target: MODIAX
MODIAX is a cryptocurrency exchange in Brazil. MODIAX makes it easy for people to invest in crypto, even if they have never done it before. Their platform allows people to buy and sell bitcoin in 3 easy steps. MODIAX provides all the support and tools needed to invest in bitcoin.
price ($mm)
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closed 6/17/2019 via PR Newswire

BnkToTheFuture, acquired Altcoin.io

See 29 Comparable Transactions
synopsis: BnkToTheFuture has acquired Altcoin.io, a decentralized exchange and peer-to-peer trading solution built upon the Ethereum blockchain, to build a compliant platform for trading security tokens. Altcoin.io combines an exchange interface with a trading engine to offer a fast, safe, and user-friendly platform for trading digital assets.
buyer: BnkToTheFuture
BnkToTheFuture is an online investment platform that has invested in Coinbase, Circle, Blockchain.com, Kraken, BitStamp, BitFinex, and more. It is a securities business with partnerships and stakes in other licensed companies including a U.S. broker-dealer and FCA authorized corporate finance house."
 target: Altcoin.io
Altcoin.io is a decentralized exchange and peer-to-peer trading solution built upon the Ethereum blockchain. Altcoin.io combines an intuitive exchange interface with a powerful trading engine to offer a fast, safe, and user-friendly platform for trading digital assets.
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closed 2/14/2019 via BusinessWire

Coinsquare Ltd., acquired StellarX

See 29 Comparable Transactions
synopsis: Coinsquare, Canada’s premier cryptocurrency trading platform for trading Bitcoin, Ethereum, and other cryptocurrencies, announced it has acquired StellarX, a user-friendly way to trade all types of assets cheaply and quickly. They are free, fast, and list every asset class imaginable: crypto, fiat, commodities and more.
buyer: Coinsquare Ltd.
Founded in 2014, Coinsquare is one of the world’s premier cryptocurrency platforms for trading Bitcoin, Ethereum, and other cryptocurrencies. "
 target: StellarX
StellarX is a user-friendly way to trade all types of assets cheaply and quickly. They are free, fast, and list every asset class imaginable: crypto, fiat, commodities and more.
price ($mm)
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closed 2/4/2019 via BusinessWire

Kraken, acquired Crypto Facilities

See 62 Comparable Transactions
synopsis: Kraken, the largest Bitcoin exchange in euro volume and liquidity, announced the acquisition of Crypto Facilities, a world-leading, regulated cryptocurrency trading platform and index provider based in the UK.
buyer: Kraken
Kraken is the largest Bitcoin exchange in euro volume and liquidity and also trading Canadian dollars, US dollars, British pounds and Japanese yen. Kraken is consistently rated the best and most secure Bitcoin exchange by independent news media. "
 target: Crypto Facilities
Crypto Facilities is a world-leading cryptocurrency trading platform, offering individuals and institutions regulated, transparent and secure derivatives trading 24/7/365. They are based in London, UK.
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closed 1/8/2019 via BusinessWire

EZAdvance Consumer Lending, acquired Alconomy Technologies

See 29 Comparable Transactions
synopsis: Philippines based EZAdvance Consumer Lending, a rapidly growing financial services company specializing in Consumer lending and Trade Finance, has acquired the tech assets of New Delhi based Alconomy Technologies, a cryptocurrency exchange and wallet based in India.
buyer: EZAdvance Consumer Lending
EZAdvance Consumer Lending is a rapidly growing financial services company specializing in Consumer lending and Trade Finance with headquarters in Makati City and offices across Philippines. "
 target: Alconomy Technologies
Alconomy Technologies was started in 2017 as a cryptocurrency exchange and wallet based in India. Cryptocurrency trading was banned by Reserve Bank of India in 2018.
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closed 9/19/2018 via BNC Analysis

Huobi, acquired Bit Trade

See 29 Comparable Transactions
synopsis: Huobi Global's wholly owned subsidiary, Huobi Japan Holding Ltd, has recently acquired a majority stake in Japan’s BitTrade — one of only 16 regulated crypto exchanges in the country, Huobi Japan will get 100 percent of the shares from True Joyful Limited, BVI, which holds all of the beneficiary interest in the company.
buyer: Huobi
Headquartered in Singapore, Huobi is one of the world's largest crypto exchanges, ranked the fourth largest in the world by daily trade volumes. "
 target: Bit Trade
BitTrade is one of only 16 regulated and Japanese government-approved crypto currency trading platforms.
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announced 8/31/2018 via BNC Analysis

Rakuten Card, will acquire Everybody's Bitcoin

See 29 Comparable Transactions
synopsis: Rakuten, Inc. announces that y it decided to acquire Everybody’s Bitcoin through its subsidiary, Rakuten Card Co., Ltd. Everybody's Bitcoin is an unlicensed cryptocurrency exchange platform. Currently, Everybody’s Bitcoin operates as a deemed cryptocurrency exchange and is waiting for approval of the official registration.
buyer parent: Rakuten Inc.
buyer: Rakuten Card
Rakuten Card Co., Ltd. offers consumer loan card and credit guarantee services. Rakuten Card Co., Ltd. also offers loans specifically designed for merchants. "
 target parent: Traders Holdings Co., Ltd.
target: Everybody's Bitcoin
Everybody's Bitcoin is an unlicensed cryptocurrency exchange platform. Currently, Everybody’s Bitcoin operates as a deemed cryptocurrency exchange and is waiting for approval of the official registration.
price ($mm)
$2.39
rev ($mm)
$0
EBITDA ($mm)
EV / rev
10.4x
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announced 1/19/2016 via BusinessWire

Kraken, will acquire Coinsetter

See 29 Comparable Transactions
synopsis: Kraken announced that they are acquiring major exchanges Coinsetter and its subsidiary, Cavirtex. Coinsetter is one of America’s most prominent national bitcoin exchanges and Cavirtex is Canada’s first bitcoin exchange.
buyer: Kraken
Kraken is the world’s largest global bitcoin exchange in euro volume and liquidity. Their clients also trade US dollars, Canadian dollars, British pounds, Japanese yen and other digital currencies on a platform consistently rated the best and most secure bitcoin exchange by independent news media. "
 target: Coinsetter
Coinsetter is a Wall Street built bitcoin exchange for firms and individuals. Their platform puts the power of institutional bitcoin trading at their fingertips. Coinsetter subsidiary Cavirtex is Canada’s first bitcoin exchange with unmatched historical trading volume.
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announced 4/7/2021 via GlobeNewswire

Global Care Capital Inc., will acquire CCM Technologies

See 51 Comparable Transactions
synopsis: Global Care Capital Inc. a global investment company which engages in early stage investment opportunities in private and public companies, is pleased to announce that it has entered into a letter of intent to acquire CCM Technologies Inc., a Canadian digital asset technology company that provides infrastructure for the blockchain ecosystem.
buyer: Global Care Capital Inc. (CNSX:HLTH:($0.68))
Global Care Capital, based in Canada, is a global investment company which specializes in providing early-stage financing to private and public companies. The Company engages in new, early-stage investment opportunities in previously underdeveloped assets. "
 target: CCM Technologies
CCM Technologies Inc., based in Canada, is a digital asset technology company with a focus on providing infrastructure for the blockchain ecosystem and mining of cryptocurrencies. They use state of the art ASIC chips to mine cryptocurrency.
price ($mm)
$8.32
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Pages:  

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Pages:  
Geography
Matching Companies
Ticker: CNSX:VYGR
 
 
 
 
 
 
 
 
Voyager Digital Ltd. Holdings Inc.
Voyager Digital Ltd. Holdings Inc.
Voyager is a crypto asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. Voyager offers investors best execution, data, wallet and custody services through its institutional-grade open architecture platform.
year
2021
rev ($mm)
$66.72
EBITDA ($mm)
$20.42
EBIT ($mm)
$20.45
Net Income ($mm)
Employees
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Ticker: IDEX
 
 
 
 
 
 
 
 
Ideanomics
Ideanomics
Ideanomics is a global fintech advisory and Platform-as-a-Service company. Ideanomics combines deal origination and enablement with the application of blockchain and artificial intelligence technologies as part of the next-generation of financial services.
year
2020
rev ($mm)
$18.00
EBITDA ($mm)
($16.26)
EBIT ($mm)
($18.72)
Net Income ($mm)
Employees
60
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Ticker: CNSX:VYGR
 
 
 
 
 
 
 
 
Voyager Digital Ltd. Holdings Inc.
Voyager Digital Ltd. Holdings Inc.
Voyager is a crypto asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. Voyager offers investors best execution, data, wallet and custody services through its institutional-grade open architecture platform.
year
2021
rev ($mm)
$66.72
EBITDA ($mm)
$20.42
EBIT ($mm)
$20.45
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: IDEX
 
 
 
 
 
 
 
 
Ideanomics
Ideanomics
Ideanomics is a global fintech advisory and Platform-as-a-Service company. Ideanomics combines deal origination and enablement with the application of blockchain and artificial intelligence technologies as part of the next-generation of financial services.
year
2020
rev ($mm)
$18.00
EBITDA ($mm)
($16.26)
EBIT ($mm)
($18.72)
Net Income ($mm)
Employees
60
  • drill down
  • watch