Gleec acquires Komodo's cross-chain DeFi business for $23.5 million
ChainCatcher News, according to CoinDesk, Gleec announced the acquisition of Komodo's cross-chain DeFi business for $23.5 million. This acquisition includes Komodo's brand, technology suite, token infrastructure, and core developers, giving Gleec full ownership of the system.
This system has already supported some of its decentralized exchanges (DEX) and can be integrated more quickly with its crypto debit card, virtual IBAN, and fiat deposit and withdrawal channels, among other products.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Broadcom provides financial guarantee for Anthropic loan
Microsoft (MSFT.US) offers voluntary buyouts to about 60,000 employees, covering more than a quarter of its global workforce, to reduce costs and make room for AI capital expenditures.
Microsoft announced on Monday that it will offer a voluntary severance package to around 60,000 employees in an effort to cut costs, restructure its workforce, and adapt its business operations for the AI era.
Crypto prices
More
