SBI, Ripple, OKWave and Credit Saison have exited the digital currency trading service in an acquisition by Coinbase.

Cryptocurrency exchange Coinbase has acquired Switzerland-based cryptocurrency wallet developer BRD for an undisclosed sum, marking exits for corporates SBI Holdings, Ripple, OKWave and Credit Saison, CoinDesk reported yesterday.

Formerly known as Breadwallet, BRD launched a mobile wallet before developing a blockchain-based online platform with more than 10 million users that allows them buy and sell cryptocurrencies like Bitcoin and Ethereum as well as tokens.

Crypto payment processing platform developer Ripple, the owner of the XRP cryptocurrency, made an investment of…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.