Gnosis Acquires On-Chain Business Account Platform Headquarters for $14.95 Million

BlockBeats News, May 14th, Gnosis announced the acquisition of the on-chain business account platform Headquarters (HQ.xyz) to accelerate progress on its Gnosis 3.0 roadmap. The transaction includes the GnosisDAO treasury's initial investment of up to $8.95 million approved through a DAO vote in January. Additionally, Gnosis Ltd. has committed to providing an additional $6 million in operating funds for growth, compliance, and operational support over the next two years, bringing the total acquisition investment to $14.95 million, making it one of the largest acquisitions within the Gnosis ecosystem to date.

HQ.xyz will be rebranded as Gnosis HQ and be fully integrated with Gnosis Chain, Gnosis Pay, as well as affiliated companies such as Safe, CoW Swap, and karpatkey, immersing into the broader Gnosis ecosystem.