Gleec acquires Komodo's cross-chain DeFi business for $23.5 million
ChainCatcher News, according to CoinDesk, Gleec announced the acquisition of Komodo's cross-chain DeFi business for $23.5 million. This acquisition includes Komodo's brand, technology suite, token infrastructure, and core developers, giving Gleec full ownership of the system.
This system has already supported some of its decentralized exchanges (DEX) and can be integrated more quickly with its crypto debit card, virtual IBAN, and fiat deposit and withdrawal channels, among other products.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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