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Gnosis Acquires On-Chain Business Account Platform Headquarters for $14.95 Million

4 hours ago

On May 14th, Gnosis made an announcement regarding the acquisition of the on-chain business account platform Headquarters (HQ.xyz). This acquisition is aimed at accelerating the progress of its Gnosis 3.0 roadmap. The transaction involves an initial investment of up to $8.95 million from the GnosisDAO treasury, which was approved through a DAO vote in January. In addition, Gnosis Ltd. has committed to providing an additional $6 million in operating funds over the next two years for growth, compliance, and operational support. This brings the total acquisition investment to $14.95 million, making it one of the largest acquisitions within the Gnosis ecosystem to date. HQ.xyz will be rebranded as Gnosis HQ and will be fully integrated with Gnosis Chain, Gnosis Pay, and affiliated companies such as Safe, CoW Swap, and karpatkey, thus immersing itself into the broader Gnosis ecosystem.
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