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Quickbit acquires option to buy Quantoz subsidiary

Quantoz and Swedish publically listed company Quickbit eu AB have formally agreed on the sale and purchase of 100% of the shares in Digital Currency Services BV (‘DCS’), currently a fully owned subsidiary of Quantoz NV. The transaction is set to be executed later this year. DCS is the company behind the successful B2C cryptocurrency retail brokerage platform HappyCoins, servicing consumers in 35+ countries across Europe. The acquisition will allow Quickbit to significantly increase liquidity, due to the platform’s integration with multiple instant payment methods, making the company less dependent on delayed settlement methods such as credit cards. Click here to read the official press announcement (Swedish).