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Cryptocurrency exchange Bit2Me acquires blockchain company Dekalabs

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Bit2me

Leif Ferreira, CEO and founder of Bit2Me – Credit: Bit2Me

Bit2Me continues its acquisition strategy with the acquisition of Dekalabsa Spanish company specialized in the blockchain development.

Whereas Bit2Me Recently receiving backing from giant Telefonica, the Spain-based cryptocurrency exchange platform is accelerating its Mergers and acquisitions strategy and acquires blockchain software company Dekalabs. for an undisclosed amount.

After the operation, Dekalabs It will continue to work independently. The startup founded in 2015 develops blockchain-based solutions for brands and companies in various industries.

According to a press release, the acquisition will enable Bit2me from to strengthen its new consulting service which helps companies, institutions and governments build Web3 tools on public blockchains such as Ethereum.

The winter of cryptocurrencies has come to an end, Leif Ferreirathe head of Bit2Me, said that his platform would proceed to more acquisitions in the coming months. This summer, Bit2Me has already acquired the Peruvian stock exchange Fluyez.

Last month, Telefonica made an investment of approximately $30 million in. Bit2Me. At the same time, the Spanish telecom operator launched a pilot project to test cryptocurrency payments in its market.

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