Stellar Acquires Chain to Create Interstellar, Another Major Initiative For XLM

Blockchain startup, Chain, announced Monday that they had been purchased in cash by a subsidiary of the Stellar Development Foundation, resulting in the formation of a new entity, called Interstellar. The announcement came months after rumors had first surfaced regarding the partnership.

According to Chain’s Crunchbase page, the San Francisco-based blockchain startup has raised over $40 million in private capital since its founding in 2014, and has worked with such companies as Nasdaq,

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