Dutch fintech company BUX has bought Amsterdam-based social cryptocurrency exchange Blockport for an undisclosed amount in a bid to spark interest from young European investors.
BUX says the move will help address “the investing needs of European millennials.”
The fintech firm plans to rename the platform BUX Crypto, and wants to make it available to users in the nine European countries where BUX is currently active.
Blockport last year announced that it was temporarily closing down, citing a lack of funding, following a failed security token offering.
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