Gnosis acquires on-chain business account platform Headquarters for $14.95 million
On May 14, Gnosis announced the acquisition of the on-chain business account platform Headquarters (HQ.xyz) to accelerate the advancement of its Gnosis 3.0 roadmap. The transaction includes an initial investment of up to $8.95 million from the GnosisDAO treasury, approved by a DAO vote in January. Additionally, Gnosis Ltd. has committed an extra $6 million in working capital 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 in the Gnosis ecosystem to date.
HQ.xyz will be rebranded as Gnosis HQ and will be fully integrated with Gnosis Chain, Gnosis Pay, and affiliated companies such as Safe, CoW Swap, and karpatkey, becoming part of the broader Gnosis ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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