The TRON Foundation has revealed its next acquisition. CoinPlay, a blockchain app store, has been acquired by the foundation. Justin Sun, the CEO and Founder of the Tron (TRX), announced the news on Twitter.
The TRON Foundation has acquired blockchain app store CoinPlay. The foundation behind TRON (TRX), the 11th top crypto by market cap, revealed the news today. TRON’s CEO, Justin Sun, tweeted:
Fellow #Tronics: I'm proud to officially announce that #TRON has successfully acquired CoinPlay. From now on, @CoinPlayShop becomes part of TRON ecosystem, together with #BitTorrent, making TRON one of the largest decentralized ecosystems in the world.#TRX https://t.co/1Sufen2aVh
— Justin Sun (@justinsuntron) March 28, 2019
The CoinPlay platform is designed as a blockchain store that aims to offer the most comprehensive, suitable and updated blockchain apps. With that, CoinPlay seems a good fit for the TRON ecosystem and vision of CEO Justin Sun.
With the new acquisition, the goal of the TRON foundation is one step closer to being completed. The foundation wants to create the largest decentralized ecosystem for dApps in the world, eliminating the need to look up apps at conventional app stores. The acquisition is most certain a step in the right direction.
According to the announcement, CoinPlay’s further developments will include support of multi-platform, multi-currency real-time quotes, multi-platform transaction volume and transaction price.
The new acquisition comes 8 months afters Tron’s acquisition of BitTorrent, world largest peer to peer file sharing technology. BitTorrent got acquired in July 2018.