# Сопутствующие статьи по теме Acquisition

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Acquisition", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Circle's Acquisition of Axelar Sparks Controversy: Giant Wants the Team, Not the Token

Circle, the stablecoin giant, has announced the acquisition of the core team and intellectual property of Interop Labs, the initial developer of the cross-chain protocol Axelar Network. However, the deal explicitly excludes the Axelar Network project itself, its foundation, and its native token AXL. These will continue to operate independently under community governance, with another contributing team, Common Prefix, taking over Interop Labs' former activities. This "acquire-the-team, not-the-token" structure has caused significant controversy and triggered a 15% drop in the price of AXL. The crypto community is divided into opposing camps. The opposition, including VCs and prominent figures, argues the move is a de facto "rug pull." They contend it is unethical for the team and equity holders to profit from the acquisition while token holders, who funded the project's early development, are left with an asset that may now be worthless. Critics state this highlights a fundamental conflict between equity and token-based financing. Supporters, including investment chiefs, defend the move as a normal market behavior. They explain that in traditional capital structures, tokens sit at the very bottom, below debt and equity. In acquisitions, it is standard for higher-priority stakeholders to be paid first, and tokens have no inherent claim to proceeds. They argue Circle acted within existing commercial frameworks by purchasing only the most valuable assets—the talent and IP. The core conflict exposed is the ambiguous legal and economic nature of tokens. They are often narratively treated as "quasi-equity" during good times but are structurally relegated to having no rights in events like acquisitions. This case underscores the urgent need for the industry to define and institutionalize the rights and position of tokens within capital structures.

Odaily星球日报12/16 03:27

Circle's Acquisition of Axelar Sparks Controversy: Giant Wants the Team, Not the Token

Odaily星球日报12/16 03:27

Tether's Acquisition of Juventus: The European Class Struggle Behind It

Tether, the world's largest stablecoin issuer, has made a cash offer to acquire a controlling 65.4% stake in the historic Italian football club Juventus from the Exor Group, controlled by the Agnelli family. The offer, representing a 20.74% premium, was swiftly rejected. Tether's CEO, Italian-born Paolo Ardoino, a lifelong Juventus supporter, sees this as an attempt to save his childhood club, which is mired in financial crisis following years of losses and a major accounting scandal. However, the old-money Agnelli family, which has owned the club for over a century, views the offer from the crypto giant with suspicion and as a threat to its legacy and traditional industrial prestige. The clash represents a broader cultural and economic conflict between established European "old money" and the emerging wealth of the "new money" crypto industry. Despite the club's financial struggles, Exor has so far refused to sell, prioritizing heritage and control over a significant capital injection.

比推12/15 15:25

Tether's Acquisition of Juventus: The European Class Struggle Behind It

比推12/15 15:25

Mars Daily | Pakistan Signs MoU with Binance to Explore Tokenization of Up to $2 Billion in Assets

Pakistan has signed a Memorandum of Understanding (MoU) with Binance to explore tokenizing up to $2 billion in sovereign bonds, treasury bills, and commodity reserves. The initiative aims to enhance liquidity and attract international investment. Additionally, Pakistani regulators have granted preliminary approval to Binance and HTX to begin local registration and prepare for full exchange licensing. In other news, an on-chain analyst reported that a major Bitcoin whale has increased its leveraged long positions to $540 million in ETH, with total long positions in BTC, ETH, and SOL exceeding $620 million. The whale is currently facing significant unrealized losses. Meanwhile, the Crypto Fear & Greed Index has dropped to 23, re-entering the "Extreme Fear" zone. In corporate developments, Coinbase is reportedly preparing to launch an internal prediction market, initially operated exclusively by Kalshi, and has added Lighter (LIGHTER) to its listing roadmap. Tether has made a binding all-cash offer to acquire a 65.4% stake in Juventus Football Club and plans to invest €1 billion in the club if the deal proceeds. Separately, Nasdaq has received expanded authority to reject IPO applications deemed at risk of market manipulation. Oracle shares fell after announcing a delay in its data center construction timeline, attributed to labor and material shortages.

marsbit12/13 01:33

Mars Daily | Pakistan Signs MoU with Binance to Explore Tokenization of Up to $2 Billion in Assets

marsbit12/13 01:33

活动图片

Популярные категорииright-arrow

Популярные тегиright-arrow

Project Updates

Indepth Research