MovitOn Acquires Glocalzone to Expand Web3 Logistics

DePIN startup MovitOn has acquired Glocalzone, an Estonia-based peer-to-peer logistics platform, to integrate its 1.3 million users into a Web3 delivery model, according to BeInCrypto. The acquisition, completed by MovitOn's VAERTECH Solution FZCO, allows the company to leverage Glocalzone's existing user base and logistics operations. MovitOn plans to enhance the platform with blockchain-based escrow, AI courier matching, and token-powered payments, aiming to disrupt traditional logistics models dominated by companies like DHL and FedEx. Glocalzone will continue as Glocalzone by MovitOn, with its co-founders remaining as advisors.