Stellar Development Foundation is negotiating the acquisition of developer of blockchain solutions for the financial industry Chain. The deal can amount to $ 500 million, Fortune reports.
Earlier Chain attracted more than $ 43 million from Khosla Ventures, RRE Ventures, Blockchain Capital, Pantera Capital, Nasdaq, Visa, Citi Ventures, Thrive Capital, BoxGroup and Haystack.
In case of successful negotiations, the owners of the company will receive payment in XLM with the ability to save or sell it immediately upon completion of the transaction.
Previously Stellar invested in working on issues of end-to-end encryption blockbuster startup Keybase.