Swedish bitcoin exchange Safello has acquired BT Technology, the parent company of crypto futures exchanges platform ICBIT. The acquisition is part of Safello’s relaunched platform, which will form the foundation for the ICBIT technology. ICBIT founder and CEO Aleksey Bragin has become Safello’s Chief Technology Officer as part of the deal. “BT’s technology provides a new way to trade cryptocurrencies on an open market with no middleman or central counterparty.
Swedish bitcoin exchange Safello has acquired BT Technology, the parent company of crypto futures exchanges platform ICBIT. The acquisition is part of Safello’s relaunched platform, which will form the foundation for the ICBIT technology. ICBIT founder and CEO Aleksey Bragin has become Safello’s Chief Technology Officer as part of the deal. Over 11.6 million orders have been submitted to ICBIT, which serves over 12,000 traders.