Mergers
SoftBank is reportedly in discussions to buy digital infrastructure firm DigitalBridge, according to a Reuters source, as it looks to expand into AI-focused assets. The talks are ongoing and no deal has been confirmed.
Ripple announced on Dec 4, 2025 that it has snapped up four major firms to create an integrated payments and custody stack, aiming to streamline cross-border settlement and bolster institutional access to digital assets. The push is framed as a move to deliver a full end-to-end rails for fiat-to-crypto flows and secure custody solutions.
Naver is expected to approve an equity-swap acquisition of Dunamu, operator of crypto exchange Upbit, at its board meeting next week. Dunamu has set a board meeting for Nov. 26, 2025 to finalize the transaction details.
Rumble has agreed to merge with Northern Data after divesting its Bitcoin mining arm, Peak Mining. At the same time, Tether announced a $150 million commitment to AI projects — moves that could reshape crypto infrastructure, stablecoin strategy, and compute-heavy services. Here’s what to watch and how investors might respond.