Wednesday, December 1, 2021

Crypto.com says it plans to acquire the North American Derivatives Exchange (Nadex) and a ~40% stake in Small Exchange from IG Group for $216M in cash (Joanna Ossinger/Bloomberg)

Joanna Ossinger / Bloomberg:
Crypto.com says it plans to acquire the North American Derivatives Exchange (Nadex) and a ~40% stake in Small Exchange from IG Group for $216M in cash  —  - Small Exchange is backed by Citadel, Peak6, Jump Capital  — Cash deal is expected to be completed in first half of 2022



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Counterpoint: India's smartphone shipments fell 3% YoY in Q1 2026, a six-year low, as price hikes weigh on sales; 80+ smartphone models saw price hikes of ~15% (Abhinav Parmar/Reuters)

Abhinav Parmar / Reuters : Counterpoint: India's smartphone shipments fell 3% YoY in Q1 2026, a six-year low, as price hikes weigh on...