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Inveniam Capital Partners Acquires Storj to Advance Decentralized Data Infrastructure
Yahoo Financeยท 2025-10-22 15:29
Core Insights - Inveniam Capital Partners has signed an agreement to acquire Storj, emphasizing the integration of decentralized infrastructure with enterprise AI [1] - Financial details of the acquisition were not disclosed, but it aims to enhance Inveniam's data operating and orchestration platform for private markets [1] Company Operations - Storj will operate as a standalone subsidiary, with no immediate changes to service contracts, pricing, or leadership [2] - Colby Winegar will continue as CEO of Storj, while Ben Golub will join Inveniam's board [3] - The STORJ token will remain integral to the platform, supporting Storj's ecosystem and existing customer, supplier, and community relationships [3] Market Reaction - The STORJ token experienced an 18% decline over the last 24 hours, trading around $0.18 [2]