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NFT Platform Hodl Buys Crypto-Commerce Firm CoinLinked
HODL Assets is moving forward in its efforts to secure funding to fuel expansion of its operations.
Hodl Assets, a marketplace for non-fungible tokens (NFTs), has acquired the crypto-commerce firm CoinLinked for an undisclosed amount.
STORY CONTINUES BELOW
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- Hodl said it is buying CoinLinked to "streamline the crypto-commerce process" and integrate the social aspects of the platform into its current technology.
- CoinLinked founder and CEO Jenny Ta will join the Hodl team as co-founder and chief operating officer.
- Ta will be responsible for creating partnerships and adding key features to its current technology as the two prepare to introduce Hodl's NFT platform.
- The company is also expanding its operations to Durban, South Africa, and the United States.
- Hodl is currently moving forward with efforts to secure funding and be acquired by a special purpose acquisition company (SPAC) soon after, Hodl CEO Vladimir Schutz said. "We're currently in discussions on several potential SPAC deals," he said.
Read more: Budweiser Buys Beer.eth Domain Name for 30 ETH, Rocket NFT for 8 ETH
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
