Blockchain startup Tron buys BitTorrent for reported $126m


BitTorrent (the company) has a new owner: blockchain firm Tron, which bills itself as “the world’s largest decentralised ecosystem”.

BitTorrent confirmed the acquisition on its site, noting that its products have more than 100 million active users worldwide, and that it will now “provide robust support for Tron’s global business development and partnerships”.

Variety cites financial filings suggesting Tron paid $126m for BitTorrent, although a figure wasn’t confirmed in the official blog post.

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Stuart Dredge

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