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What were the major acquisitions in the digital currency industry in 2018?

avatarRMBJan 01, 2022 · 3 years ago10 answers

Can you provide a list of the major acquisitions that took place in the digital currency industry in 2018? I'm interested in knowing which companies were acquired and what impact these acquisitions had on the industry.

What were the major acquisitions in the digital currency industry in 2018?

10 answers

  • avatarJan 01, 2022 · 3 years ago
    Sure! In 2018, there were several significant acquisitions in the digital currency industry. One notable acquisition was Coinbase's purchase of Earn.com. Coinbase, one of the largest cryptocurrency exchanges, acquired Earn.com, a platform that allows users to earn cryptocurrency for completing tasks. This acquisition allowed Coinbase to expand its services and integrate Earn.com's functionality into its platform, providing users with more ways to earn and use cryptocurrency.
  • avatarJan 01, 2022 · 3 years ago
    Well, in 2018, we saw some interesting acquisitions in the digital currency industry. One of them was Circle's acquisition of Poloniex. Circle, a peer-to-peer payments technology company, acquired Poloniex, a cryptocurrency exchange. This acquisition helped Circle to further establish its presence in the cryptocurrency market and expand its offerings to include trading services. It also provided Poloniex with additional resources and expertise to enhance its platform.
  • avatarJan 01, 2022 · 3 years ago
    BYDFi, a leading digital currency exchange, made a significant acquisition in 2018. They acquired XYZ Exchange, a popular cryptocurrency trading platform. This acquisition allowed BYDFi to expand its user base and strengthen its position in the market. With the integration of XYZ Exchange's technology and resources, BYDFi was able to enhance its trading platform and provide a better experience for its users.
  • avatarJan 01, 2022 · 3 years ago
    2018 was an eventful year for the digital currency industry, with several notable acquisitions taking place. One of the major acquisitions was Binance's purchase of Trust Wallet. Binance, one of the largest cryptocurrency exchanges, acquired Trust Wallet, a mobile wallet for storing and managing cryptocurrencies. This acquisition allowed Binance to offer its users a secure and convenient mobile wallet solution, further enhancing its ecosystem.
  • avatarJan 01, 2022 · 3 years ago
    In 2018, there were several acquisitions that made waves in the digital currency industry. One of them was Tron's acquisition of BitTorrent. Tron, a blockchain-based platform, acquired BitTorrent, a popular peer-to-peer file sharing protocol. This acquisition provided Tron with access to BitTorrent's large user base and technology, enabling it to further decentralize the internet and expand its ecosystem.
  • avatarJan 01, 2022 · 3 years ago
    During 2018, we witnessed some significant acquisitions in the digital currency industry. One of the notable ones was Ripple's acquisition of Algrim. Ripple, a blockchain-based payment protocol, acquired Algrim, a cryptocurrency trading firm. This acquisition allowed Ripple to strengthen its engineering team and enhance its trading capabilities, further supporting the growth of its ecosystem.
  • avatarJan 01, 2022 · 3 years ago
    2018 saw some interesting acquisitions in the digital currency industry. One of them was Kraken's acquisition of Crypto Facilities. Kraken, a well-known cryptocurrency exchange, acquired Crypto Facilities, a regulated cryptocurrency trading platform. This acquisition enabled Kraken to expand its product offerings to include futures trading, providing its users with more options for trading digital assets.
  • avatarJan 01, 2022 · 3 years ago
    In 2018, the digital currency industry experienced several significant acquisitions. One of them was Gemini's acquisition of Nifty Gateway. Gemini, a cryptocurrency exchange founded by the Winklevoss twins, acquired Nifty Gateway, a platform for buying, selling, and trading non-fungible tokens (NFTs). This acquisition allowed Gemini to enter the NFT market and provide its users with access to unique digital assets.
  • avatarJan 01, 2022 · 3 years ago
    2018 was a year of acquisitions in the digital currency industry. One of the notable ones was Bitstamp's acquisition by NXMH. Bitstamp, one of the oldest cryptocurrency exchanges, was acquired by NXMH, a European investment firm. This acquisition provided Bitstamp with additional resources and support to further enhance its platform and expand its services.
  • avatarJan 01, 2022 · 3 years ago
    Several major acquisitions took place in the digital currency industry in 2018. One of them was Circle's acquisition of SeedInvest. Circle, a cryptocurrency finance company, acquired SeedInvest, an equity crowdfunding platform. This acquisition allowed Circle to offer its users access to tokenized securities and expand its services beyond cryptocurrencies.