Stripe Confirms Plans to Acquire Stablecoin Platform Bridge
7 hours ago · The deal, first reported by Bloomberg News on Oct. 16, ... The parties expect to close in coming months, according to a separate post from Bridge’s X account. Stripe will pay $1.1 billion, ...
Stripe Acquires Stablecoin Platform Bridge in Record $1.1 Billion …
17 hours ago · Fintech giant Stripe has acquired stablecoin platform Bridge for $1.1 billion, according to TechCrunch founder Michael Arrington. This makes it Stripe’s largest acquisition ever, and the most ...
Stripe Acquires Stablecoin Platform Bridge ‘in $1.1 Billion Deal’
14 hours ago · Bridge and Stripe Announce Deal. Bridge, which raised $40 million in its last Series A funding round, has investors including Sequoia, Ribbit Capital, Index Ventures, and Haun Ventures.. The firm facilitates global payments using popular stablecoins like Tether (USDT) and Circle’s USDC, and supports transactions in over 70 countries.It has positioned itself as a key player in facilitating ...
Stripe In Talks To Buy Stablecoin Startup Bridge For $1 Billion
4 days ago · Stripe Is Acquiring Crypto Startup Bridge For $1.1 Billion. The now-confirmed acquisition, potentially Stripe’s largest to date, comes as the $70 billion fintech high-flyer makes a bigger push ...
Stripe in $1.1B Acquisition Deal for Stablecoin Platform Bridge: …
12 hours ago · Looking to advance its cryptocurrency ambitions, payments processor Stripe has finalized a deal to buy stablecoin platform Bridge for $1.1 billion, according to a Sunday X post from TechCrunch ...
Stripe to buy stablecoin company Bridge for reported $1.1 billion
6 hours ago · Payments software giant Stripe will reportedly acquire stablecoin platform Bridge, executives from both companies confirmed on Monday via separate statements posted to social media platform X. Stripe is considering paying $1.1 billion to buy Bridge, Forbes reported last week, although a Stripe spokesperson would not confirm the value of the ...
Stripe Inks $1.1 Billion Deal to Buy Stablecoin Platform Bridge
1 day ago · Payments giant Stripe has acquired the stablecoin platform Bridge, with Stripe CEO Patrick Collison confirming the deal in a tweet Monday.. The confirmation follows initial reports last week about a potential deal, which TechCrunch founder Michael Arrington said on Sunday had been completed. The deal was reportedly valued at $1.1 billion, but Stripe and Collison have yet to confirm terms of ...
Stripe Confirms Plans to Acquire Stablecoin Platform Bridge
7 hours ago · Stripe Inc. co-founder and Chief Executive Officer Patrick Collison confirmed in a X poston Monday that the payments company plans to buy stablecoin startup Bridge.. The deal, first reported by Bloomberg News on Oct. 16, is still subject to regulatory approvals and closing conditions. The parties expect to close in coming months, according to a separate post from Bridge’s X account.
TechCrunch founder says Stripe has acquired Bridge for $1.1B
1 day ago · Update (Oct. 21 at 3:13 am UTC): Sources at Stripe say the deal hasn’t gone through but would not go on record. Payment processing giant Stripe has acquired stablecoin platform Bridge in a $1.1 ...
Stripe looks to build ‘world’s best stablecoin infrastructure’ after ...
1 day ago · The transaction is subject to regulatory approvals and is expected to close in the coming months, Bridge noted in a Monday blog post. TechCrunch founder Michael Arrington reported the value of the deal to be $1.1 billion. A Stripe spokesperson declined to comment on the deal terms, and Bridge did not immediately return a request for details.
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