Coinbase is about to acquire Omni startup

UNITED STATES, WASHINGTON (OBSERVATORY) — Coinbase, the largest US cryptocurrency company, is negotiating the purchase of the Omni rental business p2p platform. This was reported by TechCrunch with reference to informed sources.

Omni offers users the opportunity to rent various physical goods. Despite the $ 25 million raised last year from Ripple, the startup is currently going through difficult times and is forced to cut staff. In May, Omni sold its warehouse business to Clutter, supported by SoftBank.

Coinbase is interested in buying a startup and attracting its participants to the Coinbase Earn project, which offers users to earn cryptocurrency by completing training tasks.

However, the American company has not yet officially confirmed information about the upcoming deal.


This article is written and prepared by our foreign editors writing for OBSERVATORY NEWS from different countries around the world – material edited and published by OBSERVATORY staff in our newsroom.

Our Standards, Terms of Use: Standard Terms And Conditions.

OBSERVATORY NEWS — Breaking news source, real-time coverage of the world’s events, life, politics, business, finance, economy, markets, war and conflict zones.

Contact us: [email protected]

Stay connected with News Observatory and Observatory Newsroom, also with our online services and never lost the breaking news stories happening around the world.

Support The OBSERVATORY from as little as $1 – it only takes a minute. Thank you.

We are NEWS OBSERVATORY — the only funding and support we get from people – we are categorically not funded by any political party, any government somewhere or from any grouping that supports certain interests – the only support that makes OBSERVATORY possible came from you.