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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BING NEWS:
  • Stripe Secures $1.1 Billion Acquisition of Stablecoin Platform Bridge, According to TechCrunch Founder
    Payment processing giant Stripe has finalized a monumental $1.1 billion acquisition of the stablecoin platform Bridge, as reported by TechCrunch founder Michael Arrington. This deal marks a ...
    10/21/2024 - 8:29 am | View Link
  • Stripe acquires Bridge in biggest ever crypto acquisition says TechCrunch founder
    Stripe announced its return after a six-year break at the Solana Sessions, and Stripe’s Co-Founder John Collinson celebrated the landmark news in April of this year. He addressed the audience with a ...
    10/21/2024 - 7:10 am | View Link
  • Stripe in $1.1B Acquisition Deal for Stablecoin Platform Bridge: Report
    Bridge, which has raised $54 million in funding, previously said it aspired to become the blockchain version of Stripe, operating a global system in which other developers could integrate ...
    10/21/2024 - 2:46 am | View Link
  • Fintech Firm Stripe Has Reportedly Acquired Stablecoin Platform Bridge For Over a Billion Dollars
    Back in 2022, the platform announced the launch of a ‘fiat-to-crypto' service that would allow users to exchange their dollars for cryptocurrency. Around the same time, the company had onboarded Matt ...
    10/21/2024 - 2:24 am | View Link
  • Fintech Stripe Reportedly Acquires Stablecoin Platform Bridge
    Fintech Stripe has reportedly acquired stablecoin platform Bridge for $1.1 billion, according to an update shared via social media.
    10/21/2024 - 12:50 am | View Link
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