Blocktrail, an Amsterdam-based Bitcoin wallet, developers platform and block explorer, has announced that it has been acquired by China-based bitcoin mining giant Bitmain. The terms of the deal have not been disclosed yet.

“We’re proud to announce that Blocktrail has been acquired by Bitmain, the world’s leading company in the Bitcoin space”, Blocktrail said in a blog post. “Joining forces with Bitmain is an important step forward for us, which will not only benefit you as our wallet, API and block explorer user, but also enforces our collective goal as bitcoin users, to continue the growth and advancement of the bitcoin ecosystem”.

Founded in 2014, Blocktrail’s products include a multi-platform bitcoin wallet, API, and block explorer. Blocktrail’s platform provides consumers and developers with tools to interface with the blockchain, through its secure bitcoin wallet, its powerful developers’ platform, and its popular online block explorer which provides users with online information about cryptocurrency transactions.

“Bitmain is the world’s leading company in the bitcoin space. Joining forces with Bitmain will not only benefit both our companies, but also all our present and future customers”, said Blocktrail’s CEO Boaz Bechar.

Bitmain is one of the leading bitcoin mining hardware manufacturers with the Antminer series of bitcoin miners. In addition, it also operates Hashnest, a cloud-mining platform, Antpool, one of the largest bitcoin mining pools, and BTC.COM, a block explorer and technology platform which is the future host to Blocktrail services.

The mining giant aims to not only merge Blocktrail’s platform into BTC.com, China’s leading bitcoin block explorer service, but also utilize Blocktrail’s talent and knowledge, which have joined Bitmain as part of the acquisition.

“Blocktrail’s products, services and team are highly valuable to us. We hope to utilize this acquisition to continue to offer better services and products to BTC.com’s customers worldwide”, said Jihan Wu, cofounder of Bitmain.

Blocktrail’s platform and services will continue to operate with both wallet and API users unaffected by these changes.