Bitcoin.com has acquired O3 Labs Inc., a Japanese startup that offers a range of cryptocurrency services for an undisclosed price. Under the deal, O3’s team and its services will be absorbed into Bitcoin.com.

O3, based into Tokyo, primarily offers a cryptocurrency wallet with related developer support through a digital application programming interface. In addition, the company also offers basic exchange services with support for buying the NEO cryptocurrency using a credit card, along with NEO, GAS and ONT cryptocurrencies using other cryptocurrencies.

The company launched a new version of its wallet in August with desktop. Like its mobile versions, the wallet supports multiple cryptocurrencies and decentralized applications. The wallet integrates with services from Coinbase Inc. as well.

For Bitcoin.com, the acquisition of O3’s tech and development team is said to allow them to create “intuitive and easy-to-understand user experiences” that are able to bring Bitcoin.com, its partners and financial service offerings across multiple devices.

O3’s team includes co-founder Andrei Terentiev, a Stanford computer science grad who previously worked as a software engineer, and Nick Fujita, a blockchain engineer.

“With the O3 team joining Bitcoin.com, we look forward to accelerating services in our mobile applications serving anyone in the world,” Stefan Rust, chief executive officer of Bitcoin.com, said in statement. Rust added that with the technology coming on board from O3, users will have the “ability to manage, grow and spend while doing business with whomever they want, whenever they want, without the need for traditional banks or financial intermediaries.”

The acquisition is the first for Bitcoin.com under the leadership of Rust who took over from founder Roger Ver in August, when Ver stepped into the role of executive chairman.  The company’s existing wallet was integrated into HTC Corp.’s Exodus 1 blockchain smartphone in September.

Image: O3 Labs