Comment on Stripe acquires Bridge in biggest ever crypto acquisition says TechCrunch founder

Stripe acquires Bridge in biggest ever crypto acquisition says TechCrunch founder

According to TechCrunch’s founder, Stripe, the international Fintech giant, has acquired Bridge in a $1 billion deal. Bridge is a significant player in the stablecoin environment and markets its payment platform as a new way to process transactions. The platform is built on stablecoins and is backed by heavyweights Bedrock, Sequoia Capital, and Index Ventures. According to leading sources, the deal, which neither party has publicly confirmed, would be the largest cryptocurrency acquisition in history, says TechCrunch’s Michael Arrington. TechCrunch founder says $1bn Stripe and Bridge deal done The mastermind behind technology platforms and media powerhouse TechCrunch, CrunchBase, and Arrington Capital was stoic in his statement to X, saying: This deal is done.

 

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