coinlynch
@coinlynch
Stripe 👀 Stripe acquires stablecoin platform Bridge for $1.1 billion in crypto's largest acquisition: TechCrunch founder * Payments company Stripe has acquired stablecoin platform Bridge in a $1.1 billion deal, according to TechCrunch founder Michael Arrington. * Stripe’s largest acquisition to date, and the largest acquisition in the crypto industry’s history, Bridge had raised $58 million from investors and was previously valued at $200 million. * Bridge offers software that helps businesses accept payments in stablecoins and signals an expansion of Stripe’s crypto adoption efforts. https://www.theblock.co/post/322144/stripe-acquires-stablecoin-platform-bridge-for-1-1-billion-in-cryptos-largest-acquisition-techcrunch
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