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Stripe In Talks To Acquire Bridge For $1 Billion


An anonymous reader quotes a report from TechCrunch: Stripe is in talks to acquire stablecoin platform Bridge for a whopping $1 billion, according to Forbes (paypalled). The talks are reportedly in advanced stages, although nothing has been finalized. Bridge, co-founded by Coinbase alumni Zach Abram...

An anonymous reader quotes a report from TechCrunch: Stripe is in talks to acquire stablecoin platform Bridge for a whopping $1 billion, according to Forbes(paypalled). Bridge, co-founded by Coinbase alumni Zach Abrams and Sean Yu, has built an API that helps companies accept stablecoins. The pair raised $58 million from investors like Index Ventures and Sequoia Capital, according to PitchBook.

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