Stablecoin Firm Bridge Acquires Web3 Wallet Platform Triangle
2024-11-01 20:08:51
Stablecoin firm Bridge has acquired Web3 wallet platform Triangle for an undisclosed sum. As part of the deal, the Triangle team will join Bridge to help build a scalable stablecoin system.
Triangle founder Tasti Zakarie previously worked at Stripe, and recently payments firm Stripe acquired stablecoin platform Bridge for $1.10 billion, which is Stripe's largest acquisition to date and the largest in crypto history. Bridge previously raised $58 million, including a $40 million Series A round at a valuation of $200 million.