16 Apr '18, 5pm

acquired

Coinbase is acquiring Earn.com, the company was formerly known as 21 Inc, they once were a maker of bitcoin mining hardware, they shifted gears to focus on using cryptocurrency to power a social network. On top of everything they get a valuable one word generic .com that could be sold down the road if things don’t pan out as expected. Axios reported: Coinbase is acquiring Earn.com, a paid inbox service formerly known as 21 inc., with CEO Balaji Srinivasan joining as chief technology officer, confirming Axios’s earlier reporting . Bottom line: Coinbase is gaining a well-known figure in Silicon Valley and digital currencies as its CTO, while Earn.com, which began as a bitcoin mining company in 2013, gains stability as part of a larger company. Details: The company declined to comment on the deal, but a source tells Axios that total value (cash and stock) returned to Earn.com...

Full article: https://www.thedomains.com/2018/04/16/earn-com-acquired/

Tweets

As covered first:

domaingang.com 16 Apr '18, 10pm

We’re excited to announce that 21.co is now Earn.com! Our product is unchanged: you still earn digital currency for replyi...

was acquired for $2.5 million

thedomains.com 28 Apr '18, 6pm

During the three months ended March 31, 2018, the Company entered into an agreement to acquire a domain name for $2.5 mill...

Update: As noticed in a comment on TheDomains:

thedomains.com 29 Apr '18, 12am

During the three months ended March 31, 2018, the Company entered into an agreement to acquire a domain name for $2.5 mill...

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