Media: a veteran of the bitcoin industry, Haro can pass into the hands of Coinbase for $ 50 million

Coinbase, the largest US cryptocurrency company, intends to acquire one of the oldest Bitcoin startups Haro, reports The Block , citing sources familiar with the situation.

It is reported that at the moment the parties are negotiating; transaction amount may be about $ 50 million.

In this case, Coinbase is not the only one who claims to acquire Haro. According to sources, Fidelity Investments, one of the world's largest players in asset management, also claims to buy the Swiss company. Recently, Fidelity launched its own cryptocurrency platform in limited mode.

Haro was one of the first startups to offer the community simple and convenient bitcoin wallets. The company is also known for its secret cryptocurrency repository . According to some data , on the Xapo servers located in a specially equipped bunker, about 7% of all existing bitcoins are stored.

In early 2019, the company decided to move most of its units from Hong Kong to Swiss Zug.

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