Spanish Crypto Exchange Bit2Me acquires Dekalabs, a Software Development Company.
“…we can make many companies integrate into the cryptocurrency industry.”
Bit2Me has acquired a Crypto Software Development Company, Dekalabs. They made this disclosure in the early hours of today through its communications office while not stating the financial details of the acquisition.
According to the Bit2Me press release document, the company acquired Dekalabs to strengthen the new Bit2Me service offering- Bit2Me Consulting. The service will help companies, institutions, and governments build Web3 tools on cryptocurrency blockchain protocols such as Bitcoin and Ethereum.
Despite the 100% acquisition of Dekalabs, Leif Ferreira, CEO of Bit2Me, said Dekalabs will “continue to operate autonomously, as it has been doing these past few years. With this acquisition, we want Dekalabs to take full advantage of the opportunities we see daily at Bit2Me. I think that together with Dekalabs, we can make many companies integrate into the cryptocurrency industry.”
David Ortega, the former CEO of Dekalabs, has been made the Chairman of Dekalabs and Chief Innovation Officer of Bit2Me. Meanwhile, Sandra Garcia, former CEO of Dekalabs, takes on the CEO position.
The former CEO of Dekalabs has this to say about the acquisition, “Dekalabs integration in Bit2Me is the irrefutable validation of the good work we have been doing in the company. A work that I believe will improve even more thanks to the knowledge that Bit2Me has of the world of cryptocurrencies and regulatory and legal compliance,”
Like Binance, Bit2Me is a cryptocurrency platform offering trading, wallets, and staking services. The Spanish Central Bank first recognised the cryptocurrency platform as a digital assets service provider. In July, Coindesk reported that the company signed an MOA for three acquisitions, a 90% stake in an exchange platform in Latin America and buyouts of a Fintech company and a Software developer.
Leif Ferreira said, “We look forward to closing new integration opportunities with other companies in the industry in the following months.”