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Blockchain company Gnosis acquires Singapore's HQ.xyz for $14.95 million

May 14, 2025 11:09:50

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ChainCatcher news, according to Techinasia, Gnosis has acquired the on-chain financial operating platform HQ.xyz in Singapore for $14.95 million.

This investment includes $8.95 million from the GnosisDAO treasury, which was approved through a DAO vote in January 2025, and $6 million from Gnosis Ltd. for operational expenses over the next two years. This acquisition is one of the largest investments in the Gnosis ecosystem. HQ.xyz will be renamed Gnosis HQ and integrated into Gnosis's ecosystem, which includes Gnosis Chain, Gnosis Pay, and associated projects such as Safe and CoW Swap.

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