Satoshi Citadel Industries, the Philippines-based Bitcoin company has added yet another feather to its cap. The company has recently announced the acquisition of Keza, a Silicon Valley-based Bitcoin investment company that allowed Bitcoin users to invest in the US and international markets.
The acquisition of Keza comes at the time when the company was going through hardships. In the month of April, in spite of having a unique business model with lots of potential, Keza decided to call it quits. The company had announced that it is shutting down its operations and thanked all the users testing its beta application. The users had their Bitcoin deposits refunded without having to go through a lengthy process.
Satoshi Citadel Industries has been aggressively pursuing new business models in the digital currency sector. With the acquisition of Keza, the company now has a product that allows anyone with Bitcoin to directly invest in stocks. Satoshi Citadel is known for products like Rebit.ph – a bitcoin remittance service, Bitmarket – a bitcoin payment processor and Prepaid Bitcoin – a Bitcoin card provider in the Philippines.
Satoshi Citadel is expected to revive Keza soon. However, it is not