Stater Blockchain Limited is looking to acquire UK-based blockchain technology company Hashcove Limited.
UK-based Stater Blockchain develops scalable blockchain technology solutions in the financial market. The company is developing a range of technology solutions, including ‘smart settlements’ and ‘smart KYC’ platforms.
The company is looking to offer a globally compliant ICO, with the tokens to be used in its blockchain solutions.
Hashcove builds a range of blockchain platforms including encrypted identity solutions, crypto-exchanges and wallets, digital information platforms and smart contracts for ICOs, among other applications. The company’s Cove identity solution can be used for KYC processes and ensure that users can safely store digitally-verified copies of important documents.
Stater Blockchain CEO Ramy Soliman said, “This would be an excellent synergistic partnership on many levels. Kunal and his team have built advanced technology that fits with Stater Blockchain’s existing development roll out of our Smart Settlement and Smart KYC products. Hashcove could help Stater Blockchain to deliver an institutional calibre product to our existing global client base.â€
Earlier in the year, HIVE Blockchain Technologies closed a financing round on CAD $115m, with the final stage picking up CAD $65m. The last instalment was co-led by  GMP Securities and Eventus Capital.
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