Satoshi Citadel Industries has acquired bitcoin investment app Keza
Philippine Bitcoin fintech startup Satoshi Citadel Industries (SCI) has acquired bitcoin investment app Keza for an undisclosed sum.
Founded in 2015, Keza allowed bitcoin users to invest in bitcoin or fixed income stocks in the United States or other international stock exchanges via a mobile app. The app allowed users to invest in three types of trading – modest, conservative and aggressive – allowing users to choose their level of exposure to volatile assets and keep tabs on risk to their capital.
Despite positive reviews, the company ceased trading in April 2016. And while Keza never disclosed the reason why it shut down speculation at the time centered on it falling foul of U. S. Securities and Exchange Commission rules.
This post was published at Silicon Angle on Aug 26, 2016.