Bitcoin.com Acquires Blockchain Software Startup O3 Labs

JAPAN, TOKYO, October 21, 2019 — Bitcoin.com has announced the acquisition of blockchain startup O3 Labs, the Tokyo-based software company that specializes in developing gateways to the digital economy. The deal will see O3 absorbed into Bitcoin.com, forming a single team dedicated to creating tools for realizing the full potential of the Bitcoin Cash network. The two companies intend to work together to build the next generation of mobile financial services, which will bear the Bitcoin.com name.

The strategic acquisition of O3’s blockchain and app development talent will allow Bitcoin.com to create intuitive and easy-to-understand user experiences that tie together Bitcoin.com, partners, and community financial service offerings across web, mobile, smart devices, and beyond.

Stefan Rust, CEO of Bitcoin.com said: “With the O3 team joining Bitcoin.com, we look forward to accelerating services in our mobile applications serving anyone in the world with an internet connection, regardless of nationality, socioeconomic status, or access to traditional finance.

“This will give users the ability to manage, grow, and spend while doing business with whomever they want, whenever they want, without the need for traditional banks or financial intermediaries. Our mission is to make money work for everyone, building tools and products that help people access Bitcoin Cash, a global financial system that’s fast, affordable, and available to everyone.

“Bitcoin Cash provides open, borderless, permissionless, censorship-resistant, private transactions. These core principles are at the heart of every service and product we offer at Bitcoin.com. We have known its importance for a long time and now the entire crypto industry is beginning to see this as well. We welcome the O3 Labs team with open arms to join us on this incredible adventure.”

Bitcoin.com has been rapidly expanding its suite of services, most recently launching an anonymous peer-to-peer BCH trading platform and a cryptocurrency exchange to complement its existing Bitcoin Cash focused products. The company’s portfolio of services has expanded further under Stefan Rust, who assumed the role of CEO in August 2019, with Roger Ver assuming the new role of Executive Chairman. In September, the Bitcoin.com Wallet, which has accrued over 4.7 million wallets created, was integrated into the HTC Exodus 1 blockchain smartphone.

Bitcoin.com operates a major Tokyo office and maintains close ties with Japan’s crypto community. The O3 Labs team, founded by Apisit Toompakadee and Andrei Terentiev, is best known for developing user-friendly gateways for accessing leading blockchain networks.

Tools developed by O3 Labs include desktop and mobile wallets which enable users to purchase cryptocurrencies directly and an application platform for privately connecting to decentralized apps.

About Bitcoin.com

At Bitcoin.com, we’re primed to change the world with Bitcoin Cash (BCH). From our fast, free wallet app which lets you manage both BCH and BTC with ease, to our global mining solutions, coverage of crypto industry news, and various other crypto-focused products, we’re committed to making BCH available to people of all ages, genders, nationalities, and financial backgrounds. For more information, visit www.bitcoin.com.

Tags in this story
acquistion, BCH, bitcoin cash, Bitcoin.com, Bitcoin.com Wallet, Blockchain Networks, BTC, Mobile Wallets, neo, O3 Labs, O3 Labs app, O3 Labs wallet, Roger Ver, software company, Stefan Rust, Tokyo, Tokyo-based, Wallet
Bitcoin.com Acquires Blockchain Software Startup O3 Labs 1
Bitcoin.com PR

Bitcoin.com is your premier source for everything Bitcoin-related. We can help you buy bitcoins and choose a bitcoin wallet. You can also read the latest news, or engage with the community on our Bitcoin Forum. Please keep in mind that this is a commercial website that lists wallets, exchanges and other Bitcoin-related companies.

About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews

Crypto Scams

Beanstalk Farms Loses $80M In A Massive DeFi Governance Flash-Loan Hack
Beanstalk Farms Loses $80M In A Massive DeFi Governance Flash-Loan Hack
April 23, 2022
Prove
Joon Pak Head of Crypto at Prove talks to Us about Crypto Fraud And More
April 11, 2022
Mintable
Mintable CEO Zach Burks Talks to Us about the Opensea Stolen NFTs and Their Recovery
March 21, 2022
Crypto Crime
Crypto Crime Surges To Record Highs As Thieves Follow Market Buzz – Chainalysis 2022 Report
February 24, 2022
Bots Circumvent 2FA Login At Coinbase And Other Crypto Exchanges In 2022
Bots Have Circumvented 2FA Logins At Coinbase And Other Crypto Exchanges In 2022
February 17, 2022

Automated trading with HaasBot Crypto Trading Bots

Blockchain/Cryptocurrency Questions and Answers

Russia
Roundtable Interview-What is the Effect of The Russia-Ukraine War on Cryptocurrency Prices?
March 4, 2022
GamStop
How Does Bitcoin Casino Work + 2021 Beginner’s Guide
November 8, 2021
Cryptocurrency
How to Buy and Sell Cryptocurrency
November 8, 2021
What Are Bitcoin Futures And How Will They Work In 2022?
November 4, 2021
Ethereum
The Unconventional Guide to Ethereum
October 28, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin29,778 0.13 % 1.29 % 2.37 %
Ethereum1,976.7 0.14 % 0.42 % 5.65 %
Tether1.000 0.04 % 0.05 % 0.01 %
BNB330.61 0.24 % 1.25 % 7.85 %
USD Coin0.9989 0.16 % 0.08 % 0.04 %
XRP0.4075 0.27 % 0.61 % 7.22 %
Binance USD0.9989 0.26 % 0.27 % 0.25 %
Cardano0.9566 0.22 % 0.68 % 6.96 %
Solana48.90 0.16 % 1.85 % 14.84 %
Polkadot9.980 0.11 % 0.05 % 9.70 %

bitcoin
Bitcoin (BTC) $ 29,772.00
ethereum
Ethereum (ETH) $ 1,984.10
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 331.73
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.40856
binance-usd
Binance USD (BUSD) $ 1.00
cardano
Cardano (ADA) $ 0.519991
solana
Solana (SOL) $ 49.01
polkadot
Polkadot (DOT) $ 10.01