Zengo acquires Minke, a digital wallet focused on stablecoins

ChainCatcher news, according to The Block, crypto wallet Zengo has announced the acquisition of the stablecoin-focused digital wallet Minke, with the specific acquisition amount not disclosed.

It is reported that Minke was founded in Australia in 2021, and at its peak, this self-custody wallet had around 50,000 users. As part of the deal, Zengo aims to onboard Minke's users to its own platform and increase its current user base of over 1 million.