Roger Ver and Bitcoin.com Acquire O3 Labs, a Blockchain dApp Developer in Japan
Bitcoin.com, a company led by the controversial Roger Ver, has recently acquired O3 Labs, a Japanese blockchain development firm. According to the official announcement, which was made today, the company was acquired for an undisclosed amount of money.
Until now, O3 Labs was focused on offering a digital wallet for its customers, which had a programming interface to be used for developer support. The wallet also supported some lesser-known tokens such as NEO and Ontology.
Stefan Rust, the CEO of Bitcoin.com, commented on the occasion. According to him, the team will join Bitcoin.com and it will help in the acceleration of all services in the network. He also affirmed that one of the goals was to let the customers manage their assets in a more effective way without needing any kind of traditional bank to do it.
According to the agreement of the sale, O3 Labs will be absorbed into Bitcoin.com. All the staff will be maneuvered to new positions. It was not announced, however, whether the two founders of the company Andrei Terentiev and Apisit Toompakdee, will join the company.
Another point not completely clear right now is what Bitcoin.com is planning to do exactly with the new company. Rust seemed to hint that a new project would be developed, but there is not enough information to confirm that.
This was the first time that Bitcoin.com acquired another company since Rust started as the CEO. Before him, Roger Ver was the CEO of the company.