The full-service blockchain tech company Bitfury has acquired crypto company Final Frontier, according to Nasdaq.
Previously, the San Francisco-based company completed an $80 million private placement funding round. Final Frontier is a crypto & blockchain investment company that is based in Crypto Valley of Switzerland.
With this acquisition, Bitfury wants to create institutional services for pro-traders & investors.
The head of Bitfury, Valery Vavilov said:
“This is a groundbreaking partnership between a blockchain technology firm and an experienced team from traditional finance.”
Earlier, there was a report, that Bitfury was looking to hold its first initial public offering (IPO). Doing so, Bitfury may become the first to hold a global IPO for a cryptographic company in Europe.
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