LunoMoney acquired by Digital Currency Group
Digital Currency Group has made announcement on their twitter account that they have acquired LunoMoney and by joining forces, Digital Currency Group will be accelerating the creation and adoption of a better, more accessible financial system.
Right now, LunoMoney allows users to buy Bitcoin, Etherueum, Ripple and Litecoin. We hope to see more coins listed as time goes on. We also hope this reduces the charges on transaction, brings in more coins and speeds up service delivery time.
We bet we will see start of many acquisitions of crypto media outlets as the mainstream media scrambles to get a grip in this industry. They currently lack any real SME’s. We are looking forward to the future of Bitcoin and other cyptocurrencies in emerging markets around the globe.
Ever since Luno has launched, it has gone through a name change and launch in 30+ countries so we are excited to see what lies ahead.
Digital Currency Group wholly-owned portfolio is quite a “crypto business index” –
Big news from DCG today. I’ll be on @SquawkCNBC w/ @andrewrsorkin at 6:45 am ET this morning to talk more about the acquisition and our plans to bring Luno to every corner of the world https://t.co/cfTRLC5FTG
— Barry Silbert (@barrysilbert) September 9, 2020
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