Stripe in $1.1B Acquisition Deal for Stablecoin Platform Bridge: Report

Stripe in $1.1B Acquisition Deal for Stablecoin Platform Bridge: Report

10
0
SHARE
This post was originally published on this site

Source: Coindesk.com

Looking to advance its cryptocurrency ambitions, payments processor Stripe has finalized a deal to buy stablecoin platform Bridge for $1.1 billion, according to a Sunday X post from TechCrunch founder Michael Arrington.

Bridge, which has raised $54 million in funding, was founded by Square and Coinbase alumni Zach Abrams and Sean Yu, and counts SpaceX and Coinbase

Read More https://www.coindesk.com/business/2024/10/21/stripe-in-11b-acquisition-deal-for-stablecoin-platform-bridge-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Stripe in $1.1B Acquisition Deal for Stablecoin Platform Bridge: Report" appeared first here Coindesk.com.

Source: Coindesk.com

NO COMMENTS

LEAVE A REPLY