Stripe Secures $1.1B Bridge Stablecoin Payment Push
Key Points:
- Stripe is in advanced talks to acquire the stablecoin platform Bridge for a massive $1 billion, marking its largest acquisition ever.
- Co-founded by Coinbase alumni, Bridge raised $58M from top investors like Sequoia Capital, with a valuation jump from $200M if the deal goes through.
According to Forbes, Stripe is in advanced discussions about buying the Bridge stablecoin payment for $1 billion.
Stripe in Advanced Talks to Acquire Bridge for $1 Billion
Co-founded by Coinbase alumni Zach Abrams and Sean Yu, Bridge stablecoin payment has made some of the most recent headlines in Fintech for building an API to enable firms to accept stablecoins easily. According to PitchBook, a recent fundraising round of $58 million includes the well-noted Index Ventures and Sequoia Capital among the two venture capital investors.
If the acquisition goes through, that would be a giant leap from its current valuation of $200 million, putting Bridge stablecoin payment in one of the leading spots within the burgeoning crypto payment space.
Read more: Stripe Crypto Integration Now Supports EU Customers
Stripe Strengthens Commitment to Cryptocurrency with New Acquisition
For Stripe, this would be a deal that underlines the company’s growing commitment to cryptocurrencies and blockchain technologies. This July saw Stripe launch crypto purchases across the EU, and just this month, the Pay with crypto feature—which allows merchants to accept stablecoin payments—was launched on the platform. Such moves hint at Stripe’s determination to stay at the forefront of FinTech innovation and cash in on the swelling demand for digital currencies.
The acquisition of Bridge stablecoin payment would further cement Stripe as a leader in the evolving crypto ecosystem, where stablecoins are fast becoming an integral part of online payments. The pending deal can open ways for businesses all over the world to start integrating stablecoin transactions seamlessly into their platforms for faster, more secure methods of payment.
| DISCLAIMER: The information on this. website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Author
News
Stripe Secures $1.1B Bridge Stablecoin Payment Push
Key Points:
- Stripe is in advanced talks to acquire the stablecoin platform Bridge for a massive $1 billion, marking its largest acquisition ever.
- Co-founded by Coinbase alumni, Bridge raised $58M from top investors like Sequoia Capital, with a valuation jump from $200M if the deal goes through.
According to Forbes, Stripe is in advanced discussions about buying the Bridge stablecoin payment for $1 billion.
Stripe in Advanced Talks to Acquire Bridge for $1 Billion
Co-founded by Coinbase alumni Zach Abrams and Sean Yu, Bridge stablecoin payment has made some of the most recent headlines in Fintech for building an API to enable firms to accept stablecoins easily. According to PitchBook, a recent fundraising round of $58 million includes the well-noted Index Ventures and Sequoia Capital among the two venture capital investors.
If the acquisition goes through, that would be a giant leap from its current valuation of $200 million, putting Bridge stablecoin payment in one of the leading spots within the burgeoning crypto payment space.
Read more: Stripe Crypto Integration Now Supports EU Customers
Stripe Strengthens Commitment to Cryptocurrency with New Acquisition
For Stripe, this would be a deal that underlines the company’s growing commitment to cryptocurrencies and blockchain technologies. This July saw Stripe launch crypto purchases across the EU, and just this month, the Pay with crypto feature—which allows merchants to accept stablecoin payments—was launched on the platform. Such moves hint at Stripe’s determination to stay at the forefront of FinTech innovation and cash in on the swelling demand for digital currencies.
The acquisition of Bridge stablecoin payment would further cement Stripe as a leader in the evolving crypto ecosystem, where stablecoins are fast becoming an integral part of online payments. The pending deal can open ways for businesses all over the world to start integrating stablecoin transactions seamlessly into their platforms for faster, more secure methods of payment.
| DISCLAIMER: The information on this. website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Other Posts
Related Posts
Latest
21Shares Unveils Exciting Staking Feature for Ethereum Core Staking ETP
Grab $TICS at $0.023 Before It Jumps to $0.25—Best Altcoin to Buy Now Amid Bitcoin Cash’s Upgrade and Render’s $10 Breakout Potential!
Press Release
Grab $TICS at $0.023 Before It Jumps to $0.25—Best Altcoin to Buy Now Amid Bitcoin Cash’s Upgrade and Render’s $10 Breakout Potential!
Which Cryptocurrencies Have the Most Growth Potential? Best 10 Crypto Coins to Buy in November 2024!
