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Digital Bank and Block platform Metallicus acquisition Bonifii, will connect more than 70 credit cooperatives to Metal Block chain

2024-12-20 22:50:24

MTL0.34%

Golden Finance reported that Digital Bank and Block chain platform Metallicus announced the acquisition of financial technology service company Bonifii, which is a credit union service organization (CUSO) connected to 70 credit unions.
This acquisition has brought Metallicus' total number of credit union partners to over 80, with more than 16 utilizing the MetalBlock chain technology.
Before the acquisition, Bonifii had raised approximately $20 million in several rounds of early investment and seed funding. The financial details of Metallicus seem to have not been publicly disclosed, CoinMarketCap reports the market value of MetalBlock chain as $13.65 million.

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