m&a Archives - The Block

GammaRey fintech finalises £267m merger with GoLogiq

Blockchain fintech and financial management platform GammaRey has signed a merger agreement with e-commerce and consumer data analytics firm GoLogiq.

Together the two US-based companies hope to grow their market share of the Generation Z wealth management market.

“The combined company plans to initially focus on the high-growth market of wealth management for Generation Z and millennials,” GoLogiq said.

“This new generation of wealth-builders represents...

3 January 2023 | Digital Assets

Mastercard buys blockchain analytics start-up CipherTrace

Mastercard has entered into an agreement to purchase blockchain analytics start-up CipherTrace for an undisclosed amount.

The deal marks the latest sign that major corporates are warming towards cryptocurrencies, following similar trends amongst companies like Amazon and PayPal.

Based in California, CipherTrace develops tools and solutions to help government agencies and businesses detect and stamp out illicit digital currency transactions.

The company sits...