The high-frequency trading specialist Jump Trading announced the purchase of the blockchain company Certus One, according to Bloomberg.
The acquisition of an infrastructure-solutions provider for Solana, Cosmos, Ethereum and other ecosystems is aimed at helping Jump Trading broaden its footprint in the crypto market. Financial terms of the deal were not disclosed.
For Jump Trading, this is the first cryptocurrency-related acquisition. However, the Jump Capital division invested in 0x, BitGo, Bitpanda, BlockFi, Bitso, Digital Assets Data and other well-known crypto-industry projects. Earlier this year, the largest US cryptocurrency company Coinbase acquired a provider of blockchain infrastructure solutions, Bison Trails.
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