Stripe’s $1.1B Acquisition Target, Bridge, Buys Web3 Wallet Platform Triangle

Triangle, a web3 wallet infrastructure platform founded by Stripe alumni Tasti Zakarie, has been acquired by stablecoin payments platform Bridge, the company said in a press release on Friday.

As part of the deal, the Triangle team will join Bridge to help build scalable stablecoin systems, the company said. Financial details of the transaction were not disclosed.

Bridge itself is a recent acquisition target. The stablecoin company is being bought by Stripe for $1.1 billion, in the largest crypto acquisition by a major payments company to date.

“Triangle was inspired by Stripe in how easy they made it to accept payments in any application,” Triangle founder and CEO Tasti Zakarie said in emailed comments. “Similarly, we made it easy to utilize digital assets in any application.”

The California-based company has built a developer API that allows companies to offer wallets to less tech savvy users and bring more users onchain.

Triangle is backed by investors including Chamath Palihapitiya of Social Capital, Alchemy Ventures, DCG and WndrCo.

İlginizi Çekebilir:Janover Takes Page From Saylor Playbook, Doubling SOL Stack to $20M as Stock Soars 1700%
share Paylaş facebook pinterest whatsapp x print

Benzer İçerikler

Boerse Stuttgart Partners With DekaBank to Offer Crypto Trading for Institutional Clients
U.S. Endowments Are Leaning Into Crypto: FT
Trump Crypto Push Leaves World No Choice But To Embrace Digital Assets: Bitpanda’s Demuth
Dogecoin, XRP Lead Crypto Rebound, Bitcoin Tops $96K as Traders Await Key Inflation Data
As One State Gets Closer on a Crypto Reserve, Others Jump Into the Fray
2010 Agi Ne Kadar?
2010 Agi Ne Kadar?
İvedik Oto Tamir | © 2024 |
404 Not Found

404

Not Found

The resource requested could not be found on this server!


Proudly powered by LiteSpeed Web Server

Please be advised that LiteSpeed Technologies Inc. is not a web hosting company and, as such, has no control over content found on this site.