2024-11-2 15:00 |
Bridge acquired Triangle for an undisclosed amount.
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Payments giant Stripe is in talks to acquire stablecoin platform Bridge in a deal valued at $1.1 billion, marking a significant move in the cryptocurrency industry and the largest acquisition in the sector to date.
Stripe made a groundbreaking move as the online payment processing platform tries to position itself as a key player in the cryptocurrency space. The fintech company has reportedly bought the stablecoin platform Bridge in a landmark acquisition deal, a transaction that sent ripples across the cryptocurrency arena.
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Major payments processing company Stripe has received a new injection of funds that brings the company’s valuation to $50 billion, nearly half of the valuation recorded in 2021. In a press release on March 15, 2023, Stripe announced that the…