Cryptocurrency leader听Blockchain.com has acquired听Artificial Intelligence Exchange.听
AiX, also based in听London, has听developed听an AI chatbot for negotiating听over-the-counter听trading.听
Terms have not been disclosed for the acquisition, which Blockchain.com said would听boost its institutional offering.听
础颈齿鈥檚听team includes former employees at JP Morgan and Goldman Sachs.听
A mammoth 拢219 million funding round听valued Blockchain.com at 拢3.8 billion听in March, while it听also raised around 拢87m from 鈥榤acro investors鈥� barely a month before that. 听听
The Series C round featured partners of DST Global, Lightspeed Venture Partners and VY Capital, with participation from other existing investors from around the world.听
The London firm is billed as the听most popular place to securely buy, store, trade and use cryptocurrency.听听
Led by听CEO and co-founder Peter Smith, it says its platform is trusted by 70m wallets, with more than $620bn in transactions having gone through the platform since 2013.听听听
More than 31m verified users in听200+ countries use听Blockchain.com鈥檚听products and it has seen a three-times increase in active users over the past 12 months alone.听
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鈥�The听AiX听team brings deep engineering, trading, and operational expertise from some of the world鈥檚 most respected financial institutions, including JP Morgan and Goldman Sachs,鈥� Smith wrote in a blog post.听听
鈥�AiX听CEO Jos Evans spent听15 year听trading and broking in derivatives markets. In fact, he previously launched and sold a brokerage, which was a pioneer in creating new commodity derivatives.听听
鈥�AiX听COO, Taylor Cable held听a number of听roles 鈥� including Senior Trader, Project Manager and Portfolio Manager 鈥� at Louis Bacon鈥檚 Moore Capital Management for over 15 years.听
鈥�When we raised our Series C last month, I shared our vision to aggressively expand our products, grow our customer base, and to pursue M&A opportunities that bring new products and ideas into the company.听听
鈥�Given that our听institutional听markets businesses are rapidly growing, it鈥檚 fitting that听AiX听join us to accelerate development of products and solutions for Institutions.鈥�听
Another bitcoin trading platform to consider is while CryptoExchange.org.uk has researched the
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