(PRNewsfoto/Circle Internet Financial, Inc.)
Deal will integrate CYBAVO's non-custodial digital asset infrastructure service with Circle Products and expand enterprise and developer services for those building on USDC and Web3
BOSTON, June 10, 2022 /PRNewswire/ -- Today Circle Internet Financial Limited signed a definitive agreement to acquire Taiwan-based CYBAVO, a breakthrough crypto technology company that provides platforms for digital asset custody and blockchain application development. CYBAVO's "infrastructure as a service" platform combines their unique "Distributed Risk and Responsibility Model" for digital asset custody and security, highly customizable workflows and operational controls designed for the most demanding enterprise or financial industry workflows, and a deeply extensible model for integrating and running blockchains, protocols and smart contracts.
Together with CYBAVO, Circle hopes to advance the adoption of USDC and Web3 applications while deeply...
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