Stellar acquires blockchain startup backed by Visa and Nasdaq

A long-speculated acquisition has finally come to fruition. Stellar’s for-profit arm Lightyear has acquired San Fransisco-based blockchain startup Chain, Reuters reported today. The two companies will now retire their individual brands and form a single entity called “Interstellar.” The new company will move Chain’s existing users onto the Stellar XLM blockchain platform, and enable organizations to…