Stripe Acquires Stablecoin Platform Bridge for $1.10 billion
2024-10-21 07:06:13
According to TechCrunch founder Michael Arrington, payments firm Stripe acquired stablecoin platform Bridge for $1.10 billion.
Bridge, Stripe's largest acquisition to date and the largest in crypto history, raised $58 million from investors at a previous valuation of $200 million.
Bridge provides software that helps businesses accept stablecoin payments, marking an expansion of Stripe's cryptocurrency adoption efforts.
Bridge, Stripe's largest acquisition to date and the largest in crypto history, raised $58 million from investors at a previous valuation of $200 million.
Bridge provides software that helps businesses accept stablecoin payments, marking an expansion of Stripe's cryptocurrency adoption efforts.
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