coinIX GmbH & Co. KGaA has acquired a stake in Pandora Core AG, a firm developing advanced network protocols for the Bitcoin blockchain.

Target Information

Pandora Core AG, based in Zug, Switzerland, focuses on advancing network protocols for the Bitcoin blockchain. The company's initiatives aim to facilitate the digitalization of assets using the Bitcoin blockchain, an endeavor that could significantly impact the sector.

Founded and led by Dr. Maxim Orlovsky, a neuroscience expert well-versed in the technical intricacies of the Bitcoin protocol, Pandora Core AG is pushing the boundaries of blockchain technology. Supported by a team of blockchain developers, including noted experts such as Giacomo Zucco, the company is developing a new interactive network protocol, referred to as LNP/BP, which enhances the current capabilities of the Bitcoin blockchain.

Industry Overview in Switzerland

Switzerland has emerged as a prominent player in the blockchain and cryptocurrency sector, known for its innovative regulatory framework and the presence of numerous cryptocur