TRON acquires blockchain app store CoinPlay

Decentralized internet protocol TRON has announced the acquisition of blockchain app store CoinPlay.

This marks TRON’s second acquisition deal following the acquisition of BitTorrent last year.

Founded in September 2017 by Justin Sun, TRON is a blockchain protocol for decentralized applications. In addition to the acquisitions, the company has also made an investment in an Indonesian blockchain-powered gaming platform PlayGame last month.

With the acquisition of CoinPlay, TRON aims to bring a wide range of blockchain apps and decentralized applications (DApps) on one platform, addressing the problem of finding popular blockchain apps at conventional app stores.

CoinPlay provides one-click downloads of a variety of blockchain software and games, as well as practical guides, browser navigation, ratings, and indices of major currencies, TRON said.

“The recent acquisition of CoinPlay aims to better serve the blockchain industry. The year 2019 will be the year of exponential growth for the TRON ecosystem,” Sun said.

Going forward, CoinPlay will support multi-platform multi-currency real-time quotes, multi-platform transaction volume/transaction price, and GitHub query.