RATE Group | Ethereum-backed ConsenSys acquires team and technology from Fluidity
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Ethereum-backed ConsenSys acquires team and technology from Fluidity

23 May Ethereum-backed ConsenSys acquires team and technology from Fluidity

Posted at 19:13h in Cryptocurrency News by

  • The company backed by Ethereum, ConsenSys, announced the acquisition of the team and technology of Fluidity, developer of the AirSwap trading network. 
  • The total amount of the purchase remains undisclosed. 

In a press release, Ethereum-backed ConsenSys announced the acquisition of Fluidity’s team and technology. According to the release, Fluidity is a blockchain company that was already a joint venture with ConsenSys. Fluidity is headquartered in Brooklyn, United States.

A lead developer of the AirSwap peer-to-peer trading network, Fluidity has produced significant innovations in real-estate tokenization, tokenized securities trading, systems to pledge real collateral to decentralized credit platforms. Their integration with ConsenSys will allow them to further develop the AirSwap trading network, according to the roadmap completed by the team. Fluidity will also be powered by ConsenSys’ blockchain operating system, Codefi.

Fluidity will migrate to ConsenSys

The terms of the…

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