Earlier this week, on Monday, Bitcoin.com, a popular cryptocurrency news publication founded by Roger Ver had made an acquisition of 03 labs, a Japanese team of Blockchain developers.
According to Stefan Rust, the CEO fo Bitcoin.com, the 8 person team at 03 labs would join the 30-person engineering team at bitcoin.com. Nither of the two companies have disclosed the size of the deal.
Roger Ver has been a major promoter of Bitcoin Cash and with the help of the new team, he would enable Bitcoin Cash network into Bitcoin.com.
According to the CEO, Bitcoin.com is looking to start a cryptocurrency global wallet with finance functions.
The users of the wallet would be able to transact money without the need for traditional banks and the new blockchain team would play a major role in the development, according to Rust.
The Japanese blockchain developers have previously built blockchain applications like NEO and Ontology.