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Crypto Power Move: Bitcoin Consortium Led by Sora Ventures Snags Seoul’s SGA Co. in Strategic Tech Play
Crypto Power Move: Bitcoin Consortium Led by Sora Ventures Snags Seoul’s SGA Co. in Strategic Tech Play
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Crypto's institutional claws dig deeper into traditional tech.
Bitcoin bulls go shopping
A syndicate of crypto heavyweights—spearheaded by Sora Ventures—just acquired Seoul-based software developer SGA Co. No price disclosed (because when has crypto ever been transparent about valuations?).
Why this matters
The move signals crypto's creeping colonization of legacy tech infrastructure. First they came for the exchanges, then the banks—now even enterprise software isn't safe from blockchain's gravitational pull.
The cynical take
Another day, another 'strategic acquisition' where crypto money washes over struggling tech firms like a liquidity tsunami. At least this one didn't involve an NFT pivot.
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