Bit2Me continues to enter the acquisition sector. In this case, the Spanish company in the cryptocurrency sector has just announced the purchase of 100% of Dekalabs. Another company in the country dedicated to the development of software for the blockchain sector.
This operation occurs just a few weeks after the new Bit2Me investor became known. In an operation that has not yet been announced by the technology company, Telefónica has positioned itself as a new participant –among a larger group– of the blockchain company. For the telco, which just a year ago presented its entry into the metaverse, it represents a strong commitment to a sector that is still looking for its place in regulation and the economy.
It is also one more line in a year in which Bit2Me has focused on the growth of the technology based on acquisitions in strategic verticals. Fluyez in Peru, the alliance with DFG for its growth in the international sector in its proposal to continue launching ICOs and the agreement with Axie Infinity to be one of its crypto portfolio managers. It is all a commitment to the brand of a company that, until recently, was being courted by Coinbase – the great American company in the crypto sector. Bit2Me ended up rejecting the sale of what would have been a great operation and opted to continue growing based on strategic purchases.
This new acquisition, of which the amounts have not been disclosed, points to the company’s strategy in its Bit2Me Consulting division; dedicated to advising third parties in the cryptocurrency sector. Both for private companies that want to enter a Web3 service, as well as for the public sector and administrations. The service, presented a few days ago, is the Valencian technology company’s attempt to continue expanding activities. All with the aim of opening your portfolio beyond crypto portfolio management; all precisely at a time when the winter of cryptocurrencies continues to boom.
At the moment, and according to the company, Dekalabs will continue to operate autonomouslyintegrating itself in the activities of Bit2Me when these are required.
“We want Dekalabs to continue operating autonomously in the same way that it has been doing in recent years. With this operation, what we want is for Dekalabs to be able to take advantage of opportunities that arise day by day in Bit2Me. I think that together with Dekalabs we can make many companies integrate into the cryptocurrency industry”, explains Leif Ferreira, founder of Bit2Me, in a statement.
Specialized in ICOs, one of the focuses of Bit2Me
Dekalabs has a long history of providing services for the blockchain sector in large companies. Since 2015, they have participated in projects for Telefónica, Bayer or FC Barcelona. In 2016, it was the first company in the cryptocurrency sector to launch an ICO.
A sector in which Bit2Me has been working since the launch of its ICO in september 2021. It was, at that time, a way to grow in a more sustainable way and with a kind of own resources. Despite the fact that the technology company has just closed a financing round with several investors, it was not the objective at the time. Independence was, above all, something that the company wanted to maintain. At least for a time.
Later, the technology company positioned itself as a gateway for third parties to offer your own ICO. It was a way, they said, to take advantage of everything learned up to that moment. Bnext, also a Spanish fintech, launched its own product through the company.
With the union with Bit2Me, the offer of services is expected to grow. Projects for the development of metaverses, tokens, wallets, DAOs or NFTs.