Spanish crypto platform Bit2Me acquires software firm Dekalabs
- Bit2Me is a leading Spanish crypto platform recognised by the Bank of Spain.
- The digital assets provider has completed a 100% acquisition of software development company Dekalabs.
- Dekalabs' previous customers include Telefonica and FC Barcelona.
Bit2Me, a leading Spain-based crypto platform, has acquired software development studio Dekalabs as it expands its crypto strategy across the industry.
According to an announcement the digital assets platform published on Monday, the deal is a 100% acquisition, but Dekalabs will retain its autonomy and continue to offer the best of its software development services to third party companies within the blockchain and Web3 space.
Bit2Me eyes further expansion across crypto and blockchainCopy link to section
Bit2Me will use the acquisition to strengthen its Bit2Me Consulting offering, with consulting, auditing services among others tailored to advance the entry of both private and public institutions into blockchain and Web3.
Bit2Me Consulting will benefit from Dekalabs’ technology to enhance its asset tokenization, metaverses, wallets, NFTs, and DAOs, among other offerings, the company said in the news release.
Leif Ferreira, CEO of Bit2Me, said in a statement that the decision to have Dekalabs’ team continue autonomously will allow the software studio to “take full advantage of opportunities” currently available via Bit2Me. He also noted that the two companies’ business model, culture and growth roadmap align.
“We want Dekalabs to continue to operate autonomously, as it has been doing these past few years. With this acquisition, we want Dekalabs to take full advantage of the opportunities we see daily at Bit2Me. I think that together with Dekalabs, we can make many companies integrate into the cryptocurrency industry”.
Bit2Me operates as a virtual currency service provider after approval from the Bank of Spain. It offers a platform from where customers can buy, sell and manage cryptocurrencies and is accessible across 100+ countries.
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Dekalabs launched in 2015 and has provided software development services to leading companies in Spain, including Telefónica, Bayer, and FC Barcelona.