Gleec acquires Komodo's cross-chain DeFi business for $23.5 million
Foresight News reported, according to CoinDesk, that digital asset platform Gleec has announced the acquisition of Komodo's cross-chain DeFi business for $23.5 million. The acquisition includes Komodo's brand, technology suite, token infrastructure, and core developers, giving Gleec full ownership of the system. This system already supports some of its decentralized exchanges (DEX) and will enable faster integration with its crypto debit card, virtual IBAN, and fiat deposit and withdrawal channels.
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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