BitTorrent Acquired by Tron for $140 Million on July 1, 2018

TRX

-4.1%

According to media reports, BitTorrent was acquired by Tron for $140 million on July 1, 2018. The investor for this acquisition was Tron.BitTorrent is a popular peer-to-peer file sharing protocol, launched in 2001, which enables users to freely share data and large files such as movies, software, and audio files over the internet. Although BitTorrent is not based on blockchain technology, its peer-to-peer architecture has long positioned it as a pioneer in decentralized technologies. BitTorrent Inc. was founded in 2004 and is responsible for the ongoing development of the protocol. In 2018, Justin Sun, founder of Tron, successfully acquired BitTorrent.Following this acquisition, BitTorrent entered a new phase of development. In February 2019, BitTorrent launched its native token BTT to enhance protocol functionality and incentivize network participants. In December 2021, BitTorrent announced the launch of BitTorrent Chain, a heterogeneous cross-chain interoperability protocol utilizing a PoS consensus mechanism and sidechains to expand smart contract capabilities.Since then, the BitTorrent ecosystem has continued to evolve and improve. In December 2021, BTT officially began trading. Recently, the BTFS v4.1 beta has been released, the BTTC network delivery chain mechanism has been officially launched, BTIP-105 proposal has entered its final consultation phase, and community governance efforts are progressing steadily. Through ongoing technological innovation and ecosystem development, BitTorrent is advancing decentralized storage and peer-to-peer technology.

this-content

disclaimer-th

comment

TRX fundraising-history

fundraising-Round	fundraising-amount	fundraising-valuation	fundraising-time	fundraising-investor
M&A	fundraising-$M	--	2018-06-30	Tron

fundraising-key-milestones

2025-09-25
BTFS v4.1 beta version is live
2025-09-10
BTIP-105 proposal enters the final stage of soliciting opinions
2025-09-10
BTTC Network Delivery Chain Mechanism Officially Released
2025-09-08
Ouyi OKX delists BTT
2025-08-20
BTFS SCAN v4.0.1 is now available
2025-08-20
BTFS Community Releases BTIP-105 Proposal
2021-12
BTT is live for trading
2018-07-01
BitTorrent was acquired by Tron

TRX price-trend

24hour-high

$0.3186

24hour-volume

$1.54M

alltime-high

$0.4312

alltime-low

$0.001804

market-cap--f

100%

fdv

$30.01B

24hour-low

$0.3158

market-cap

$30.01B

circulating-s

94.76B TRX

total-supply

94.71B TRX

max-supply

-- TRX

market-sentim

positive

1H	24H	7D	30D	1Y
0.1%	0.21%	0.4%	10.74%	37.43%

BitTorrent Acquired by Tron for $140 Million on July 1, 2018

comment

TRX price-trend

tokenname-faq

how-to-buy-to

what-determin

what-is-the-a

what-is-the-a1

what-is-the-c

how-many-toke

what-is-the-m

what-is-the-f

what-is-the-p

is-tokenname

BitTorrent Acquired by Tron for $140 Million on July 1, 2018

comment

TRX price-trend

tokenname-rel

tokenname-faq

how-to-buy-to

what-determin

what-is-the-a

what-is-the-a1

what-is-the-c

how-many-toke

what-is-the-m

what-is-the-f

what-is-the-p

is-tokenname