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Coinbase Buys Blockchain Infrastructure Startup Bison Trails

Bison Trails already partnered with Coinbase through its custody service.

Coinbase CEO Brian Armstrong
Coinbase CEO Brian Armstrong

Cryptocurrency exchange Coinbase announced it's buying blockchain infrastructure company Bison Trails.

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Bison Trials, which builds cross-blockchain integration tools that link disparate protocols, will become a "foundational element" of the Coinbase product suite, the top U.S. cryptocurrency exchange said in a Tuesday blog post. Terms of the deal were not disclosed.

Bison Trails did not immediately respond to a request for comment.

This story will be updated.

Danny Nelson

Danny is CoinDesk's managing editor for Data & Tokens. He formerly ran investigations for the Tufts Daily. At CoinDesk, his beats include (but are not limited to): federal policy, regulation, securities law, exchanges, the Solana ecosystem, smart money doing dumb things, dumb money doing smart things and tungsten cubes. He owns BTC, ETH and SOL tokens, as well as the LinksDAO NFT.

Danny Nelson