DeFi 3.0 platform Betwin (BY) has officially been acquired by Bluemount Foundation
The next-generation decentralized social ecosystem Betwin (BY) recently announced that it has officially been acquired by Bluemount Foundation. The DeFi sector business has officially been taken over by BF and established BMBY, strengthening its layout in the fields of data ownership, privacy protection, and social value distribution.As part of the acquisition, Betwin has previously completed a round of $2 million in institutional financing, with participants including well-known institutions such as Bluemount Foundation, Infinite Alliance, ChainPulse Capital, and UZ Capital. With the strategic resources of Bluemount Foundation, Betwin will accelerate the implementation of blockchain social networks, breaking the data monopoly of traditional social giants and reconstructing the trust system and value distribution mechanism in the digital age.