Stablecoin USD Coin (USDC) issuer Circle, has acquired infrastructure cryptostartup Cybavo.
Terms of the deal were not disclosed.
Cybavo was founded in 2018 in Singapore and offers a range of services, including cryptocurrency storage, stacking and blockchain infrastructure solutions.
The company’s client list includes crypto exchanges, NFT and DeFi sites, and blockchain gaming platforms.
This is Circle’s fourth public takeover. Previously, the company acquired crowdfunding platform SeedInvest, mobile investment platform Trigger Finance and cryptocurrency exchange Poloniex.
Circle plans to go public on the New York Stock Exchange this year through a SPAC deal with Concord Acquisition Corp.