Crypto Exchange Bit2Me Acquires Software Development Company Dekalabs

Financial terms for the acquisition were not disclosed.

AccessTimeIconOct 24, 2022 at 8:56 a.m. UTC
Updated May 9, 2023 at 4:00 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

Spanish cryptocurrency exchange Bit2Me said it bought blockchain and crypto-focused software development company Dekalabs for an undisclosed amount.

The acquisition will enhance Bit2Me's position in helping companies and institutions build tools on cryptocurrency and blockchain protocols such as Bitcoin and Ethereum, the firm said in a Monday email.

  • Aptos' APT Token Down 52% in April After Booming March: VanEck
    Aptos' APT Token Down 52% in April After Booming March: VanEck
  • Key Events You Shouldn't Miss at Consensus 2024
    Key Events You Shouldn't Miss at Consensus 2024
  • What to Expect From Consensus 2024
    What to Expect From Consensus 2024
  • Will Solana and Altcoins Dominate the Market Next?
    Will Solana and Altcoins Dominate the Market Next?
  • Bit2Me did not say how much it paid for the company and had not responded to CoinDesk's request for details by press time.

    Bit2Me, the first firm to be licensed by the Bank of Spain as a provider of crypto services, said in July that it had reached agreements on three acquisitions, including a 90% stake in a Latin American exchange and the purchase of a fintech company and software developer, the identifies of which were not disclosed.

    CEO Leif Ferreira said at the time that the company planned to add 250 employees, despite the onset of challenging conditions in the crypto industry. “In a context of many layoffs, now is the time to hold and build,” he said.. “Crypto is not going to stop, no matter how much prices have fallen.”


    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; 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.

    Jamie Crawley

    Jamie Crawley is a CoinDesk news reporter based in London.

    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.