Cryptocurrency Exchange Binance Buys Ethereum Wallet Service in First-Ever Acquisition

Binance, one of the world’s two largest cryptocurrency exchanges, has just completed its first-ever acquisition.

According to TechCrunch, the Malta-based exchange operator acquired Trust Wallet, creator of the eponymous mobile Ethereum wallet that includes support for ether, as well as ERC-20 and ERC-223 tokens. Terms of the deal have not been disclosed, but Binance confirmed that it included a mixture of cash, Binance stock, and Binance tokens (BNB).

Full article: https://www.ccn.com/cryptocurrency-exchange-binance-buys-ethereum-wallet-service-in-first-ever-acquisition/