SUBX to be acquired by Lisbon Blockchain Firm
Businessplug, a blockchain consultancy firm, has agreed to acquire SUBX. This move will enable BusinessPlug to expand its services and provide a full suite of solutions to its clients.
We allow businesses to deploy decentralised blockchain applications (dApps) using our builder platform. Over the years, we garnered a strong reputation in the industry for our user-friendly platform and innovative approach to dApp development. Businesses can build blockchain applications significantly faster using provided templates and no-code toolings. In 2022, w worked with over 50+ businesses to deploy dApps and was featured on both Chaindebrief and Vulcanpost.
Businessplug is a blockchain consultancy firm based in Lisbon, Portugal. With a focus on helping businesses navigate the complex world of blockchain, Businessplug provides a range of services, including strategy and consulting, development, and deployment. “The acquisition of SUBX aligns with Businessplug’s ambitions to be the leading full-stack blockchain consultancy in Portugal,” said Pedro Cerdeira, Managing Director of Businessplug.
“Joining forces with Businessplug is a natural next step for SUBX,” said Adam Ihsan, CEO of SUBX. “We are passionate about making blockchain accessible and empowering businesses with the tools they need to succeed. We can provide a truly comprehensive solution for our clients by combining our strengths.”
Terms of the agreement were not fully disclosed, and the transaction is anticipated to close during the first quarter of 2023, subject to customary closing conditions.