eBay has acquired non-fungible token (NFT) marketplace KnownOrigin for an undisclosed amount. The Manchester-based NFT platform was founded in 2018 and has since facilitated $7.8 million in volume.
Banking powerhouse Citigroup has selected Swiss cryptocurrency custody firm Metaco to develop the bank’s digital assets custody solution. The bank, which holds about $27 trillion in assets under custody, is set to integrate Metaco’s “Harmonize” crypto custody platform into its infrastructure.
Derivatives-focused decentralized cryptocurrency exchange dYdX (DYDX) has announced plans to develop its own blockchain using the Cosmos SDK and Tendermint Proof-of-Stake consensus protocol.
Top stories in the Crypto Roundup today:
- eBay Acquires NFT Marketplace KnownOrigin
- Citi Partners With Swiss Firm Metaco to Develop Digital Asset Custody Solution
- Crypto Exchange dYdX to Launch its Own Blockchain