2018-8-1 12:13 |
Binance, the world’s largest crypto exchange based on volume, has made its first public acquisition, having bought a decentralized Trust Wallet that supports Ethereum and Ethereum-based tokens.
Binance, the world’s biggest crypto exchange, announced on Tuesday its acquisition of mobile wallet solution Trust Wallet with the aim “to provide a better service” and “to enhance the safety” for all of its users.
#Binance Acquires Trust Wallet – A Popular Mobile Crypto Wallethttps://t.co/2yY35u7AAb pic.twitter.com/L4ktVm6YCn
— Binance (@binance) July 31, 2018
Trust Wallet is a decentralized wallet service for digital tokens that also serves as a browser for so-called decentralized applications.
Trust Wallet is not as famous as Imtoken, Delta, or Blockfolio wallets, however, the deal is very important for Binance, as it is the company’s first acquisition.
Binance CEO Zhao Changpeng admires the Trust Wallet team’s engineering skills.