By joining forces, the companies aim to bring Bison Trails’ technology to more projects and more companies around the world
Coinbase has announced the acquisition of Bison Trails which provides a platform that runs billions of transactions today.
According to data, Bison Trails will continue to operate as a standalone product and provide services to its current customers.
The Coinbase and Bison Trails relationship started early, with an investment from Coinbase Ventures in late 2019 and a commercial partnership with Coinbase Custody in 2020.
This acquisition is subject to customary closing conditions and is expected to close later this year.
We’ve reported that Coinbase made the decision to suspend the XRP trading pairs on its platform.