Coinbase Buys Blockchain Infrastructure Startup Bison Trails
Bison Trails already partnered with Coinbase through its custody service.
Updated May 15, 2023 at 1:37 p.m. UTC
Cryptocurrency exchange Coinbase announced it's buying blockchain infrastructure company Bison Trails.
Bison Trials, which builds cross-blockchain integration tools that link disparate protocols, will become a "foundational element" of the Coinbase product suite, the top U.S. cryptocurrency exchange said in a Tuesday blog post. Terms of the deal were not disclosed.
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Bison Trails did not immediately respond to a request for comment.
This story will be updated.