Vacuumlabs, a full-stack product design and development company, today has announced the acquisition of TechRyu, a software development house focused on building solutions using innovative technologies, previously part of NKB Group, a blockchain investment, and advisory.
Through this acquisition, Vacuumlabs and NKB Group have formed a partnership that will focus on strengthening the development and analytical capabilities for leading crypto companies worldwide.
“The TechRyu acquisition represents a key milestone in the development of Vacuumlabs, enabling us to further grow our position as thought leaders and developers in this space. Equally, this partnership with NKB Group will raise our profile and enable us to work with some of the leading crypto/blockchain companies globally.”
– Samuel Hapák, CEO at Vacuumlabs
By working together, Vacuumlabs and NKB Group can provide enhanced levels of support to their portfolio companies and ecosystem partners in terms of security, technology, technical architecture, and tech compliance thanks to the Vacuumlabs fintech heritage.
The primary goal of the Vacuumlabs/NKB Group partnership is to support exclusively selected crypto companies with expertise from global best-in-class crypto/blockchain developers by the end of 2020.
“We are excited about the opportunity to work together with Vacuumlabs in the Crypto/Blockchain space. Together, we believe we can bring global best-in-class technology and development expertise to a select group of chosen crypto companies who are working on the kind of innovation that can change the world. Through our collaboration, we seek to be the bridge between traditional finance and the blockchain world.”
– Chris Baxter, Co-founder of NKB Group