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Reading: Genius Group Announces the Acquisition of XD Academy to Boost Bitcoin Education
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Home > News > Genius Group Announces the Acquisition of XD Academy to Boost Bitcoin Education
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Genius Group Announces the Acquisition of XD Academy to Boost Bitcoin Education

Shalini Pathak Published Dec 9, 2024
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Genius Group Announces the Acquisition of XD Academy to Boost Bitcoin Education
Genius Group Announces the Acquisition of XD Academy to Boost Bitcoin Education
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Genius Group Limited (“Genius Group” or the “Company”), a Bitcoin-first business delivering AI-powered education and acceleration solutions for the future of work, has announced the acquisition of XD Academy, a Bitcoin and Blockchain Learning Platform.

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XD Academy was initially introduced as BitMEX Academy, a learning platform for the cryptocurrency exchange BitMEX. It was then spun off as a separate firm, led by its founder and CEO, Lawrence Linker. Drawing on their expertise in education and technology, the founders of XD Academy set out to establish a new learning platform. It envisioned an adaptable, engaging, and interactive platform, offering learners a personalized learning experience tailored to their requirements and learning styles.

Genius Group has bought XD Academy’s learning platform and courses and is merging them into its Genius learning platform, including:

  • The Economics of Bitcoin is by Saifedean Ammous, author of The Bitcoin Standard, the best-selling Bitcoin book translated into 37 languages.
  • “Building Your Investment Thesis” by Arthur Hayes, co-founder and former CEO of BitMEX and widely regarded as history’s youngest African American crypto billionaire.

Speaking on the deal, Roger Hamilton, CEO of Genius Group, said:

In a historic week when Bitcoin crossed the $100,000 threshold, there is an unprecedented demand in the number of people – from students to CEOs – seeking education on Bitcoin. We believe that the combination of our Bitcoin Treasury plan and our Bitcoin-first, AI-powered education platform puts Genius Group in a unique position to capitalize on this wave by delivering both asset growth and personal growth through education. Working with Lawrence and the world-class faculty of experts and authors we attract, we are building a 2025 calendar of courses and learning communities at a time when they are most needed.

Following the acquisition, which does not reach a materiality threshold in terms of economic terms, XD Academy CEO Lawrence Linker will work with Genius Group on building the faculty and courses for the Bitcoin Academy on the Company’s EdTech platform. The Company plans to develop the Bitcoin Academy as part of its AI-powered “Built on Bitcoin” decentralized education network, with on-chain GEMs (Genius Education Merits), AI tutors and AI Certifications built on the Lightning Network.

Founder and CEO of XD Academy, Lawrence Linker stated:

When we launched XD Academy, it was one of the first education platforms to learn about Bitcoin and crypto. Our vision was to provide global education on the future of decentralized finance. We’re very excited that we can make that vision a reality with this acquisition by Genius Group.

Genius Group serves 5.4 million users in over 100 countries through its Genius City model and online digital marketplace of AI training, tools, and talent. It provides personalized, entrepreneurial AI pathways combining human talent with AI skills and AI solutions at the individual, enterprise, and government levels.

TAGGED: AI Education, Blockchain, EdTech Acquisition, EdTech Startups/Companies, education, Mergers and Acquisition, Personalized Learning
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By Shalini Pathak
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Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
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