Digital Asset Exchange Coinbase to Acquire Blockchain or DLT Infrastructure Developer Bison Trails
San Francisco-based crypto exchange
Bison Trails.
Coinbase stated in a blog post published on January 20, 2020 that the planned acquisition will allow Bison Trails to “accelerate its mission” to offer intuitive and easy-to-use blockchain or distributed ledger technology (DLT) infrastructure that will strengthen the entire crypto-assets sector. Bison Trails will notably become a “foundational element” within Coinbase’s ecosystem suite of products, powering all crypto and DLT industry participants.
The Coinbase team noted:
“Crypto has come a long way since Satoshi’s (Satoshi Nakamoto, inventor or creator of Bitcoin) whitepaper. At Coinbase we believe we are just starting to see a glimpse for the potential of the emerging cryptoeconomy. One of the biggest challenges for builders in the crypto ecosystem today is running reliable, secure and scalable blockchain infrastruc