Consensys, OSL Among Four Crypto Giants Closing Acquisition Deals in a Single Day

Crypto Acquisition Deals worth $265 million were signed on June 2 by crypto giants including Robinhood, FalconX, Consensys, and OSL.

Published by

Sneha Agrawal

June 3, 2025

Consensys, OSL Among Four Crypto Giants Closing Acquisition Deals in a Single Day

Crypto Acquisition Deal:- June 2 came as the “Acquisition Day” in crypto. Four high-profile purchase agreements – together valued atleast $265 million in disclosed value – were finalized.

Here’s a quick glance followed by detailed breakdown;

Consensys acquired wallet infrastructure provider, Web3Auth for $50 million in cash and equity.
FalconX bought a 60 percent stake in Headge Fund Monarq Asset Management, Monarq’s parent
Robinhood now owns crypto Exchange Bitstamp after $200 million deal and, last but not the least
OSL signed SAP for 90% stake in Evergreen Crest Holdings Ltd for $15 million to operate Multikripto Exchange in Indonesia.

Consensys, FalconX – Moves Aimed At Boosting Capabilities

Core infrastructure developer Consensys has acquired Web3Auth for its subsidiary crypto wallet project, MetaMask. As one of the most popular self-custodial crypto wallet, Consensys aims to bring security of funds for its Meta Mask users.

Web3Auth’s capabilities will be integrated into MetaMask to allow users to onboard or recover their funds by simple web2 familiar ways. such as social logins . The acquisition deal also expands the crypto Wallet’s support for non-EVM chains allowing cross-chain transactions.

Also Read: Is Meta Adopting Bitcoin?

The second deal aimed at diversifying its services is of the crypto prime broker FalconX taking control of 60% stake in hedge fund Monarq.

Monarq is a multi‐strategy crypto hedge fund managing roughly $350 million in assets under management. By acquiring a majority stake, FalconX aims to broaden its institutional offerings.

Until now, FalconX was mainly a prime broker, helping big traders execute and finance trades. However by owning Monarq, FalconX can now also offer professional money‐management services. This makes it more than just a trading platform, allowing its clients to trade, borrow, and invest all under one roof.

We’re excited to announce our strategic investment in @monarq_mgmt (formerly MNNC Group), a multi-strategy digital asset investment manager.

As institutional capital increasingly flows into digital assets, the demand for differentiated, risk-adjusted returns continues to…

— FalconX (@FalconXGlobal) June 2, 2025

Robinhood, OSL Make Acquisition Deals Eying Expansion

The deal which really set the Monday spree by surfacing first is the Robinhood Acquisition Deal. Vald Tenev’s platform acquire crypto exchange Bitstamp, the world’s oldest crypto exchange founded in 2011.

Bitstamp serves over 4 million customers in more than 100 countries. By this acquisition, Robinhood can leverage Bitstamp’s existing licenses and infrastructure to enter new markets without building from scratch.

Acquisiton Deal

Read Robinhood’s Acquisition in Detail

Another smart expansion move is by the Hong Kong-listed OSL Group which has acquired 90% stake in Evergreen Crest. The move is aimed at expanding its footprint in Southeast Asia as Evergreen Crest operates a licensed crypto and futures exchange in Indonesia.

By giving majority control, Evergreen crest and the Multikripto crypto exchange becomes an indirect subsidiary of OSL, marking its first major in-market investment in the region.

What to Expect Next

The signing of four crypto acquisition deals by four giants – who together secure $50 billion USD in market cap – signifies the bustling trend.

Crypto merger and acquisition activity has been rising steadily. In Q1 2025, the combined value of all deals reached an all-time high marked by Kraken’s $1.5 billion acquisition of NinjaTrader.

Crypto Deals in Q1 — Source: https://architectpartners.com/

To conclude, the signing of 4 crypto acquisition deals by likes of Robinhood, Consensys, FalconX, OSL signals that Acquisition season is in full swing. The Q2 2025 statistics and data for the same is also expected to reach record breaking levels.

Also Read: World Expands in Latin America

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About Author

With over four years of experience in covering and tracking the financial markets, Sneha Agrawal is a dedicated Crypto Journalist and Editor with passion for researching and writing the crypto pieces. She is currently leading the Brandtalk section, here at CoinGape. She likes to keep track of political, legal and financial happenings all around the world - without which she deems her day incomplete. Apart from her Journalistic endeavours, she is a solo traveler, museum goer, and a keen reader of books.