Stripe's record-setting crypto acquisition (TWIF 10/27)

Stripe Acquires Bridge: Stripe acquired the stablecoin platform Bridge for $1.1 billion, marking a significant move in the cryptocurrency space as one of the largest tech acquisitions in this sector.

Socure Adds Real-Time Decisioning: Digital identity verification, fraud prevention and sanction screening platform Socure agreed to acquire Effectiv, a real-time risk decisioning company, for $136 million.

Thomson Reuters Acquires Materia: Thomson Reuters acquired Materia, a specialist in agentic AI, to enhance its offerings in the tax audit and accounting sectors.

Kaspikz Acquires Majority Share of Hepsiburada: Kaspikz acquired a majority stake in the Turkish e-commerce platform Hepsiburada for $1.1 billion, aiming to strengthen its position in the region.

Tide Acquires OnFolk: Tide acquired payroll provider OnFolk to enhance its financial services for small businesses and expand its payroll management offerings.

CoStar Group Acquires Visual Lease: CoStar Group announced its acquisition of Visual Lease, a leading lease administration provider, to bolster its real estate information services.

R3 Explores Sale: R3, an Intel-backed blockchain startup for financial services, is exploring various options, including a potential sale, as it evaluates its future direction in the market.

Capital One / Discover Under Review: New York AG Letitia James is investigating whether Capital One's proposed $35 billion takeover of Discover violates the state's antitrust law.

Kotak Mahindra Bank Acquires Standard Chartered's India Loan Book: Kotak Mahindra Bank is set to buy Standard Chartered's personal loan portfolio in India for approximately $1.3 billion.

DNB Bank Acquires Carnegie: DNB Bank agreed to acquire the Swedish banking group Carnegie for $1.1 billion to strengthen its investment banking and asset management services.

UBS Sells Stake in Swisscard: UBS sold its 50% stake in Swisscard to a private equity firm as part of its strategy to focus on core banking operations.

Saxo Bank Attracts Interest from Altor-led Group: Saxo Bank is reportedly attracting interest from an Altor-led consortium that includes Interactive Brokers, signaling potential changes in its operations.

Monroe Capital Sells Majority Stake to Wendel: Private credit manager Monroe Capital sold a majority stake to investment firm Wendel to support its growth strategy.

Nomura-backed Komainu Makes First Acquisition: Komainu, a crypto custodian backed by Nomura, completed its first acquisition to enhance its position in the cryptocurrency market.

Wendel Buys Majority Share of Monroe: French investment firm Wendel acquired a 75% stake in Monroe Capital, a Chicago-based asset management firm specializing in private credit markets, for $1.1 billion.