IT Company Globant Buys Atix Labs to Expand Blockchain Offerings

The purchase comes four months after Globant disclosed it bought bitcoin for its balance sheet.

Oct 6, 2021 at 3:51 p.m. UTC

Updated May 11, 2023 at 5:45 p.m. UTC

Martin Migoya, founder and chief executive officer of Globant SA, speaks during an interview in Buenos Aires, Argentina, on Thursday, Aug. 8, 2019. On Tuesday, Globant announced the acquisition of Belatrix Software, a leading agile product development company with nearly 20 years of experience and a presence in Peru, Colombia, Spain, the United States and Argentina. Photographer: Sarah Pabst/Bloomberg via Getty Images

Information technology and software development company Globant (NYSE: GLOB) has acquired blockchain services provider Atix Labs for an undisclosed amount.

The purchase comes four months after Globant disclosed it added bitcoin to its balance sheet.
Atix Labs builds digital products requiring blockchain implementation, such as smart contracts, decentralized autonomous organizations (DAOs) and decentralized finance (DeFi) solutions.
“Globant’s mission is to help organizations stay relevant by offering cutting-edge solutions. There is no doubt that blockchain and crypto are critical in the new business-tech horizon,” said Globant Chief Technology Officer Diego Tartara in a press release.
Globant says the acquisition will bolster its blockchain and crypto-related products and services. The Luxembourg-based company serves a wide range of industries, including media and entertainment, finance and real estate.
“With the agreement, Globant reinforces its leadership in cutting-edge solutions for its clients in decentralized finance, smart contracts and asset tokenization, while expanding the offering of its Blockchain Studio,” said Globant in the press release.
Founded in Argentina in 2013, Atix Labs also has operations in the U.S. and Uruguay. Atix has partnerships with smart contract network RSK, blockchain infrastructure and engineering company Iohk and tech giant IBM. Atix is part of the UNICEF Innovation Fund and was one of six blockchain startups to receive UNICEF funding in late 2018 to solve challenges in developing economies.

Unmute

RFK Jr. Says He's 'Fully Committed' to Bitcoin; Jersey City to Invest in Bitcoin ETFs

00:57

What Do EigenLayer's Outflows of $2.3B Signal?

04:20

What Do TradFi Crypto Moves Mean for Decentralization?

02:02

Marathon Digital Buys $100M BTC; India's Special Task Force for Crypto-Related Drug Trafficking

00:53

Ether Slides as Grayscale's ETHE Outflows Ramp Up

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.