Gleec Buys Komodo’s Cross-Chain DeFi Stack in $23.5M Deal
CoinDesk
Gleec acquired Komodo Platform's entire ecosystem, including its atomic-swap technology, for $23.5 million.Summary
Digital asset platform Gleec has acquired the entire Komodo Platform ecosystem, encompassing its brand, technology suite, token infrastructure, and core developers, for $23.5 million. This acquisition integrates Komodo's mature, non-custodial cross-chain atomic-swap technology into Gleec's regulated environment, which is expected to speed up the integration of products like its crypto debit card and fiat ramps. Gleec plans to leverage this technology to offer white-label DEX and blockchain services to institutions. While the Komodo ecosystem and KMD token will remain under Gleec for now, a future decision on merging or separating the token will be made. Full integration of the Komodo stack is anticipated in early 2026.
(Source：CoinDesk)