Stripe makes $1.1 billion crypto bet as it closes on Bridge acquisition

TechCrunch
By Mary Ann AzevedoFeb 5, 2025, 1:46 pm144 pts
Stripe has closed on its $1.1 billion purchase of stablecoin platform Bridge – marking the payment giant’s largest acquisition to date and tangible push into crypto. Co-founded in 2022 by Coinbase and Square alumni Zach Abrams and Sean Yu, San Antonio, Texas-based Bridge built an API that helps companies…

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