RATE Group | Bitcoin.com acquires Japanese cryptocurrency startup O3 Labs
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Bitcoin.com acquires Japanese cryptocurrency startup O3 Labs

Bitcoin.com acquires Japanese cryptocurrency startup O3 Labs

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Bitcoin.com has acquired O3 Labs Inc., a Japanese startup that offers a range of cryptocurrency services for an undisclosed price. Under the deal, O3’s team and its services will be absorbed into Bitcoin.com.

O3, based into Tokyo, primarily offers a cryptocurrency wallet with related developer support through a digital application programming interface. In addition, the company also offers basic exchange services with support for buying the NEO cryptocurrency using a credit card, along with NEO, GAS and ONT cryptocurrencies using other cryptocurrencies.

The company launched a new version of its wallet in August with desktop. Like its mobile versions, the wallet supports multiple cryptocurrencies and decentralized applications. The wallet integrates with services from Coinbase Inc. as well.

For Bitcoin.com, the acquisition of O3’s tech and development team is said to allow them to create “intuitive and easy-to-understand user experiences” that are able to bring…

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