Gleec Buys Komodo’s Cross-Chain DeFi Stack in $23.5M Deal

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Gleec Buys Komodo’s Cross-Chain DeFi Stack in $23.5M Deal The acquisition brings Komodo’s atomic-swap technology, token ecosystem and core developers under the Gleec umbrella. By Will Canny , AI Boost | Edited by Stephen Alpher Dec 1, 2025, 1:00 p.m. Gleec buys Komodo’s cross-chain DeFi stack in $23.5M deal. (Pixabay, modified by CoinDesk) What to know : Gleec has acquired the full Komodo Platform ecosystem for $23.5 million, including its tech stack, brand, token infrastructure and team. Komodo’s atomic-swap trading stack will become part of Gleec’s regulated financial suite, enabling bridge-free, cross-chain swaps and expanded enterprise services. Gleec has acquired the entire Komodo Platform ecosystem in a $23.5 million deal, bringing one of crypto’s earliest atomic-swap and cross-chain technology stacks under the umbrella of a licensed financial services provider, the digital asset platform said in a press release on Monday. The purchase includes Komodo’s brand, tech suite, token infrastructure and core developers, giving Gleec full ownership of a system that already powered parts of its decentralized exchange (DEX) and enabling faster integration with products such as its crypto debit card, virtual IBANs and fiat on- and off-ramps. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . Gleec also plans to offer white-label DEX and blockchain services to institutions seeking cross-chain capabilities without relying on custodial bridges. Komodo’s technology is built around native atomic swaps, allowing cross-chain trading without wrapped assets or bridges, an attack vector responsible for nearly half of all crypto value stolen to date, according to research from Chainalysis. Gleec CEO Daniel Dimitrov said the acquisition embeds a mature decentralized trading stack into a regulated environment, while Komodo CTO Kadan Stadelmann, said in the release that the move gives the technology the compliance footing needed for wider adoption. The Komodo ecosystem and KMD will continue under the Gleec umbrella for now, with a decision about the token in the future, whether it will be merged over to GLEEC or kept separate. Gleec expects full integration of the Komodo stack in early 2026, with continued expansion of its B2B infrastructure. Read more: Crypto Wallet Firm Exodus Buys Baanx and Monavate for $175M Komodo Platform Crypto Trading mergers and acquisitions Exclusive AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. 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