has announced the acquisition of Japan-based software development team O3 Labs. O3 members will be absorbed into and tasked with building mobile financial services for the Bitcoin Cash network.

O3 Labs has made numerous contributions to the Neo ecosystem, including desktop and mobile wallets, a block explorer, and notable work on numerous Neo enhancements such as the non-fungible token and dAPI standards. offers a suite of services for Bitcoin Cash (BCH), including cryptocurrency news, a mobile wallet, and an exchange. Bitcoin (BTC) support is also offered, however the firm primarily encourages the usage of Bitcoin Cash.

Stefan Rust, CEO of, commented:

“With the O3 team joining, we look forward to accelerating services in our mobile applications serving anyone in the world with an internet connection, regardless of nationality, socioeconomic status, or access to traditional finance.”

At the time of press, O3 Labs has not commented on the acquisition.