Chain, which has raised $43m from investors including Visa, Orange, Nasdaq, Fiserv, Capital One and Citi, could be acquired for $500m in cash and tokens.
Financial trading platform Stellar has begun negotiations to acquire US-based blockchain technology provider Chain in a deal worth $500m that would enable several corporates to exit, Fortune reported on Wednesday.
The transaction price would be in the form of a mixture of cash and lumens, the digital currency created by Stellar according to Axios, which described the transaction as more of a merger, with Chain chief executive Adam Ludwin set to run the combined company.
Chain has built cryptographic ledger…
