Blockdaemon Acquires Gem
Blockdaemon is proud to announce the acquisition of Gem, a pioneer of crypto onramp technology and digital identity services. Gem offers a frictionless way for businesses to onboard crypto into their applications, letting developers connect crypto assets and users with just a few lines of code.
Through their developer friendly offerings, Gem elevates the crypto user experience for all
This marks the third acquisition in Blockdaemon’s portfolio to-date. It follows the successful onboarding of two innovative companies in 2021, including Lunie and Anyblock Analytics.
How Gem Adds Value to Blockdaemon’s Node Stack
Gem greatly complements Blockdaemon’s product suite. Simultaneously, Gem furthers Blockdaemon’s goal of giving individuals greater economic opportunities. These opportunities stem, in part, from easy access to the world’s leading crypto networks.
By acquiring Gem, Blockdaemon help institutions bridge the gap between users and the blockchain platforms that they host. With this milestone, Blockdaemon will make it easier for businesses to offer crypto native services.
ABOUT Gem
Gem Onramp supports multiple payment methods that allow a variety of trading options for users around the world.
ABOUT Blockdaemon
Blockdaemon is an institutional grade blockchain infrastructure serving leading crypto platforms and investment funds.
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