Coinbase acquired blockchain-startup Neutrino

Coinbase cryptocurrency exchange bought an analytical blockchain-startup Neutrino. The amount of the transaction was not disclosed, writes CoinDesk .

According to Coinbase product director Varun Srinivasan, the startup will help the exchange to determine the most popular tokens in certain regions for listing on the respective branches of the site.

“Neutrino solutions will ensure that no undesirable activity is performed on the stock exchange, without the need to transfer data to third-party services,” he added.

It is noted that eight employees of Neutrino will be transferred to Coinbase’s London office this week.

Earlier in February, the Coinbase venture unit financed a startup Dharma Labs , developing a decentralized lending platform for cryptocurrency traders and investors.

Subscribe to the BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.