Binance has bought Trust Wallet in the cryptocurrency exchange's first public acquisition. The open source decentralised wallet supports Ethereum, as well as over 20,000 tokens. The terms of the deal are undisclosed, but Binance said it paid in a combination of fiat money, as well as its own BNB token and stocks. Binance plans to list Trust Wallet as the default wallet on its upcoming decentralised exchange.
Binance has bought Trust Wallet in the cryptocurrency exchange's first public acquisition. The open source decentralised wallet supports Ethereum, as well as more than 20,000 tokens. The terms of the deal are undisclosed, but Binance said it paid in a combination of fiat money, as well as its own BNB token and stocks. Binance plans to list Trust Wallet as the default wallet on its upcoming decentralised exchange.