Bitwave, a cryptocurrency solutions provider, has acquired Gilded, a payments and accounting platform. Gilded was established in 2018 and has over 130 enterprise clients, including mining companies, non-fungible token exchanges, decentralized autonomous organizations, and accountancy firms. Ken Gaulter, chief technology officer of Gilded, will join Bitwave’s technical team as a result of the acquisition. The acquisition is expected to improve Bitwave’s enterprise solutions, which already include features for crypto payments and invoicing as well as tax tracking and bookkeeping software. Pat White, Bitwave’s co-founder and CEO, said that they “believe that crypto payments are the future” and that “financial institutions are starting to recognize the massive opportunity afforded by this technology.”Bitwave had recently completed a $15 million Series A investment round in December 2022, which was spearheaded by Blockchain Capital and Hack VC. Additionally, Deloitte, one of the Big Four accounting firms, and Bitwave recently announced a cooperation to provide business capabilities including linking blockchain data to ERP systems. The two companies have not disclosed the acquisition price.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | North America |
| Countries | |
| Sentiment | positive |
| Relevance Score | 9 |
| People | Deloitte US, Ken Gaulter, Pat White |
| Companies | Blockchain Capital, Deloitte, Hack VC, Bitwave, Gilded |
| Currencies | None |
| Securities | None |
