Bitcoin exchange Binance has acquired a wallet provider Trust Wallet

in bitcoin •  6 years ago 

The Finance exchange announced the purchase of a cryptocurrency wallet provider Trust Wallet, which allows its users to store more than 20 thousand tokens on the basis of Ethereum.

"Users control 100% of their funds. Now we have both centralized and decentralized Trust Wallet does not store private keys-users] custody decisions", — said CEO Binance, Chanpen Joao.

The amount of the transaction is not disclosed, but jao said that the value of the company was small because of the narrow customer base. He also added that Finance intends to acquire a few more companies and is already in talks with some.

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