German Blockchain Startup Gnosis Acquires HQ.xyz For $15Mn To Expand Into Asia Region

This is Gnosis’ biggest acquisition so far and shows its strong move into Web3 financial services like stablecoin payments, onchain banking, and expansion into Asia.

The deal includes $8.95 million from the GnosisDAO treasury, which the community approved earlier, plus another $6 million from Gnosis Ltd. to help with growth, regulations, and daily operations.

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Now renamed Gnosis HQ, HQ.xyz offers self-custodial business accounts that let companies make stablecoin payments, manage real-world expenses with a Visa® debit card, move funds to traditional bank accounts, and create financial reports that work with tools like Xero and QuickBooks.

Gnosis will fully combine HQ with its other products, including Gnosis Chain, Gnosis Pay, and key tools like Safe and CoW Swap.

This move is part of Gnosis 3.0, the company’s new strategy to go beyond infrastructure and focus on building tools for a more decentralized financial system.

“With Gnosis now in its 10th operational year, we know first-hand the banking difficulties faced by Web3 founders and businesses,” said Stefan George, Co-Founder of Gnosis. “The acquisition of HQ.xyz represents a critical advancement of our Gnosis 3.0 vision: our mission to build an open internet including the payments stack for it. We look forward to harnessing HQ.xyz’s product and team expertise to support our realization of this vision as we work to bridge the technical potential of blockchain, including stablecoins, with the needs of individuals and businesses.”

“We’re proud to be joining forces with Gnosis to accelerate our mission of bringing onchain banking to businesses worldwide,” said Sharon Paul, CEO and Co-founder of HQ.xyz. “Web3 projects have been busy building the future of finance, yet many still struggle with basic operations such as paying salaries, rent, or software bills. At Headquarters, our mission is to make self-ownership of money practical, even at the business level, by bridging stablecoins and self-custodial wallets with mainstream business FinOps.”

This move highlights a growing trend in the Web3 space—a shift toward making tools more user-friendly and useful in the real world. As more businesses start using stablecoins for things like payments and payroll, companies like Gnosis are helping make it easier to connect blockchain technology with traditional finance systems.

The deal is also Gnosis’ first official step into Asia, since HQ is based in Singapore, a country known for its supportive regulations around digital assets and fintech. HQ’s leadership team brings strong local experience—for example, CEO Sharon Paul helped start StraitsX, Singapore’s regulated stablecoin project, and CTO Sunny Singh worked in data product management at Traveloka, a major travel platform in Southeast Asia.

Asia especially Southeast Asia is becoming a key region for Web3 growth. There’s high demand for alternative financial tools and a strong community of developers, making it a smart area for Gnosis to expand its next-generation financial products.

HQ.xyz, launched in 2022, has quietly built a niche by offering business accounts designed for Web3 teams. Its platform supports things like stablecoin payments, managing treasury funds, and handling finances in a way that follows regulations. Clients include major players like Mantle Chain, Ocean Protocol, and Pixelmon, showing its reach across both infrastructure projects and creative parts of the crypto world.

About Gnosis

Gnosis has built some of the top tools and infrastructure on Ethereum, including popular projects like Safe and the CoW Protocol. Now, they’re working on a wide range of decentralized apps (dApps) to give users more control and help more people start using the open, decentralized internet.