Published on July 20th, 2015 | by bitcoin0
Singaporean Bitcoin exchange Coin Republic possibly being sold
Singapore-based Bitcoin exchange Coin Republic (Rapid Net Profits Lte.)
is reported to be in acquisition talks, according to one report local time Monday.
Deal Street Asia claims “an executive familiar with the cryptocurrency sector” is saying that the company is in talks to be acquired by a non-Singaporean company.
The company offers Secure 256bit SSL transactions and does not hold on to Bitcoin used in exchange, versus the Bitcoin being sent directly to the wallet a user specifies.
Duncan RileyDuncan Riley is a senior writer at SiliconANGLE covering Startups, Bitcoin, and the Internet of Things.