September 18, 2020

Media: Coinbase is in talks to acquire Omni peer-to-peer startup

Media: Coinbase is in talks to acquire Omni peer-to-peer startup

According to a TechCrunch article, Coinbase is in talks to buy an Omni startup.

Cryptocurrency exchange plans purchase Omni to work on CoinbaseEarn. At the moment, Stellar, Dai, EOS, BAT and others have been added to the reward program. Thus, Coinbase intends to create an affordable financial system for everyone.

Omni Initially Started as a Service Providerstorage of things, but after a while added the ability to rent from other users on its platform. A Coinbase spokesman told TechCrunch that there is currently no officially signed purchase and sale agreement, so it's too early to talk about a joint future.

Recall that earlier in 2018, the Omni startup raised $ 25 million from the Ripple project.