CoinPlay Acquired by Tron on March 28, 2019

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According to industry reports, blockchain app store CoinPlay was officially acquired by Tron on March 28, 2019. This acquisition will further expand Tron’s footprint in the blockchain application distribution sector.CoinPlay is an integrated app store platform specializing in blockchain applications, dedicated to providing users with one-stop blockchain application services. The platform aggregates a wide range of blockchain apps and decentralized applications (DApps), enabling users to download various blockchain software and games with a single click. In addition, CoinPlay offers practical guides, browser navigation, rating systems, and index information for major cryptocurrencies.This merger holds significant implications for the blockchain application distribution ecosystem. By leveraging Tron's technological capabilities and resources alongside CoinPlay’s expertise in application distribution, the partnership is expected to deliver an enhanced blockchain application service experience for users. This strategic move also reflects the industry’s trend toward consolidation of distribution channels, which will drive the adoption and implementation of blockchain applications.

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TRX Fundraising History
RoundAmountValuationTimeInvestor(s)
M&A----2019-03-27Tron
Key Milestones
  • 2019-03-28
    CoinPlay was acquired by Tron
24-Hour High
$0.287
24-Hour Volume
$4.50M
All-Time High
$0.4312
All-Time Low
$0.001804
Market Cap / FDV
100%
FDV
$26.46B
24-Hour Low
$0.2792
Market Cap
$26.46B
Circulating Supply
94.71B TRX
Total Supply
94.71B TRX
Max Supply
-- TRX
Market Sentiment
--
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