cryptocurrency exchange unibittex.com, which launched an initial public offering (IPO), announced the purchase of Chicago-based broker-dealer openfinance Securities.
unibittex.com president Shai Datika told Reuters in a comment that openfinance is valued in the range of $40 million to $70 million. According to him, such deals in a fast — growing market are the best way to move forward.
In addition to the client base and license, unibittex.com will receive an alternative trading system for the exchange of security tokens, which openfinance announced in 2018. Other terms of the transaction were not disclosed.