Cardano-Bitcoin bridge may be first step to true Bitcoin DeFi
The new bridge lets users withdraw Bitcoin even if most Cardano nodes become malicious. Go to Source
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Coinbase acquires on-chain payments platform Utopia
The Utopia Labs team will join the Base network to accelerate Coinbase Wallet’s on-chain payments buildout. Go to Source
Sequoia to make $100M windfall from Stripe’s Bridge acquisition: Report
Sequoia Capital owns 16% of Bridge, which is set to be acquired by payments platform Stripe for $1.1 billion. Go to Source
Wintermute to take Ethena’s USDe as trading margin
Trading platforms and regulators are increasingly embracing cryptocurrency as collateral for trades. Go to Source
TechCrunch founder says Stripe has acquired Bridge for $1.1B
The deal would mark one of crypto’s largest acquisitions, though neither company has publicly confirmed the deal. Go to Source
Stripe acquires stablecoin platform Bridge for $1.1B: Techcrunch founder
The deal marks one of crypto’s largest acquisitions, allowing more businesses to deal in stablecoins. Go to Source
Stripe Acquires Stablecoin Platform Bridge in Record $1.1 Billion Crypto Deal
Payments company Stripe has acquired stablecoin platform Bridge in a $1.1 billion transaction, marking the largest acquisition in the crypto industry to date. Techcrunch founder Michael Arrington confirmed the news through a post on X, emphasizing the significance of this milestone deal. The acquisition of Bridge reflects Stripe’s growing commitment to cryptocurrency. Bridge offers software … Read more
Stripe Doubles Down on Stablecoin Market, Reportedly in Advanced Talks to Acquire Bridge for $1 Billion
Payments giant Stripe is in advanced discussions to acquire the San Antonio-based stablecoin platform Bridge for $1 billion, according to reports by Bloomberg and Forbes. Founded by former Coinbase employees Zach Abrams and Sean Yu, Bridge specializes in enabling businesses to create, store, and transact with stablecoins like Tether’s USDT and Circle’s USDC, having raised … Read more
Stripe in talks to acquire stablecoin platform Bridge — report
Stablecoins pegged to the United States dollar have outpaced Bitcoin as a store of value in developing countries with runaway inflation. Go to Source
Former Square, Coinbase execs raise $58M for Bridge stablecoin network
Bridge seeks to build a global stablecoin payment network to rival traditional systems like Swift and credit cards. Go to Source
