Cryptocurrency Short News

Binance Procures Chinese-Based DApp Analytics Firm

Written by: Qadir AK

December 3, 2019

The Malta-Based Exchange Binance has announced its acquisition of Chinese startup DappReview today on Nov 3, 2019. With this acquisition, Binance’s Trust Wallet founder, Viktor Radchenko, said: “Binance hopes to develop the dapps ecosystem and foster greater blockchain adoption”. 

DappReview is a DApp user insights and market data analytics firm that tracks blockchain-based Dapps performance. After this acquisition, DappReview will handle the technical sector while Binance manages the non-technical fields like Marketing. Moreover, The DappReview will release a new analytical tool by Q1 2020. Binance will now have a wholly-owned subsidiary based in Beijing.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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