Acquisition History / Rakuten / Bitnet
Rakuten Acquires Bitnet
Announced an undisclosed date — $410M
What happened
Bitnet was a company operating in cryptocurrency wallet, acquired by Rakuten for US $410 million.
- Acquirer
- Rakuten
- Target
- Bitnet
- Announced
- an undisclosed date
- Price
- $410M
- Industry
- Cryptocurrency wallet
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Rakuten acquire Bitnet?
Rakuten acquired Bitnet on an undisclosed date. This was Rakuten's 2nd publicly tracked acquisition out of 9 we have on record.
How much did Rakuten pay for Bitnet?
Rakuten paid $410M for Bitnet.
What does Bitnet do?
Bitnet was a company operating in cryptocurrency wallet, acquired by Rakuten for US $410 million.
What other Cryptocurrency wallet companies has Rakuten acquired?
Bitnet is Rakuten's only publicly tracked acquisition in Cryptocurrency wallet so far.
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