Crypto winter continues sparking consolidation among crypto firms. The latest deal in the industry is the acquisition of payments and accounting platform Gilded by one of its competitors, Bitwave.
According to a statement shared with Cointelegraph, the acquisition is expected to enhance Bitwave’s enterprise solutions, including crypto payments and invoicing features, as well as tools for tax tracking and bookkeeping. The integration will also see Ken Gaulter, chief technology officer of Gilded, join Bitwave’s engineering team. This deal comes just a few months after Bitwave acquired Multisig Media.