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Blockchain.info Launches ZeroBlock Trading Platform RTBTC
By Adam Hofman, bitcoinmagazine.com
This week Blockchain.info showed us just how easy it is to acquire a company. The company purchased the encrypted currency trading platform RTBTC, in what was the first 100% Bitcoin acquisition. From the buyout of RTBTC, Blockchain.info has launched the ZeroBlock trading platform, combining a world class currency trading platform with the most popular Bitcoin mobile app.
The undisclosed amount of the all-Bitcoin sale will be distributed over a period of time to compensate for the volatility of the virtual currency. This will allow for ZeroBlock, subsidiary of Blockchain.info and leading market price aggregator and news app, to completely acquire the company. Dan Held, co-founder of ZeroBlock and Director of Product of Blockchain stated in a recent press release, “Acquiring RTBTC was a perfect fit for ZeroBlock’s existing product. Our features and services are highly complimentary, and we are excited to bring additional functionality to our users.”