Bitcoin.com Acquires Tokyo Startup, O3 Labs.
Bitcoin.com acquired O3 labs, a Tokyo software development company that specializes in digital economy gateways and app development. The acquisition amount is not disclosed yet. However, O3’s team will be undertaken by Roger Ver’s cryptocurrency company.
O3 labs are into developing blockchain network applications. With this acquisition, it will create “intuitive and easy-to-understand user experiences” that will bring Bitcoin.com services across multiple devices. This is the first acquisition of the Roger Ver’s cryptocurrency company under CEO Stefan Rust, who took over the role in August from Roger Ver. Bitcoin.com is also preparing for a futures contract launch of Bitcoin Cash on Commodity Futures Trading Commission (CFTC)-regulated exchange.