Animoca Brands to acquire blockchain-powered fitness app Lympo (LYM)

Animoca Brands, a company specializing in blockchain, gamification, and artificial intelligence technologies, today announced it has entered into a share purchase agreement to acquire 100% of Latgala OÜ, commonly known as Lympo, a blockchain platform with the aim to reward people for exercising, for an upfront consideration of USD $1.38 million. Lympo is a company … Read more

Crypto exchange Gemini expands into NFTs with Nifty Gateway acquisition

Gemini, a leading bitcoin and crypto exchange, announced today its first acquisition with the purchase of Nifty Gateway, a popular platform to buy and manage non-fungible tokens (NFTs). NFTs, many of which follow the ERC-721 open standard, are cryptographic tokens that represent a unique asset or good on the blockchain. NFTs are different from fungible … Read more