Uphold Acquires JNK Securities

INX Signs Term Sheet to Acquire Openfinance Securities LLC

October 27, 2020

Financial Services

INX Limited has signed a term sheet to acquire Openfinance Securities LLC, a FINRA/SIPC-registered U.S. broker-dealer and alternative trading system (ATS) based in Chicago, subject to definitive agreements and regulatory approvals. The deal would transfer Openfinance's broker-dealer and ATS business — including systems, digital asset listings, client relationships and licenses — to INX as it expands its regulated digital-asset trading capabilities.

Mastercard to Acquire BVNK in up to $1.8 Billion Deal

March 20, 2026

Payments & Fintech

Mastercard entered into a definitive agreement to acquire stablecoin infrastructure provider BVNK for a deal valued at up to $1.8 billion, including $300 million in contingent payments. The acquisition is intended to expand Mastercard’s stablecoin payments infrastructure and interoperability between traditional fiat systems and blockchain networks, with closing expected before year-end subject to regulatory approvals.

United Fintech Acquires Cobalt

December 15, 2022

Financial Services

United Fintech has acquired 100% of Cobalt, a provider of shared ledger infrastructure and risk/data services for FX and digital assets, to strengthen its FX and digital-assets trading capabilities. Cobalt will operate as a standalone business under United Fintech, with United Fintech founder Christian Frahm named Chairman while Cobalt's leadership remains in place.

Plural Acquires FINRA Member Northstar Financial Services LP (now Plural Brokerage LLC)

March 6, 2025

Financial Services

Plural, the San Francisco-based on-chain investing platform for clean energy, acquired FINRA member Northstar Financial Services LP and has renamed it Plural Brokerage LLC. The broker-dealer acquisition (with existing Northstar staff retained and Eli Wishnivetski remaining as Chief Compliance Officer) gives Plural an in-house regulatory stack—broker-dealer and transfer agent capabilities—to accelerate compliant tokenization of renewable energy assets.

Kraken Acquires Backed Finance AG to Expand xStocks Tokenized Equities

December 7, 2025

Payments & Fintech

Kraken has agreed to acquire Backed Finance AG, bringing the issuer of xStocks into Kraken’s platform to expand tokenized equities across global markets. The deal is intended to unify issuance, trading, and settlement for xStocks and accelerate scaling of compliance and institutional access to tokenized real-world assets.

Goldman Sachs Acquires United Capital Financial Partners

May 16, 2019

Financial Services

The Goldman Sachs Group agreed to acquire United Capital Financial Partners, Inc. for $750 million in cash. The acquisition expands Goldman's wealth management business by adding United Capital's ~220+ financial advisors, $25 billion AUM and its FinLife CX digital platform; the deal was expected to close in Q3 2019 subject to regulatory approvals.