Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion

October 20, 2024

Stripe has acquired stablecoin payments platform Bridge for $1.1 billion, marking the largest acquisition in both Stripe's history and the crypto industry. Bridge provides APIs and software that enable businesses to accept stablecoin payments; the deal accelerates Stripe's push into crypto-backed payment rails and stablecoin support.

Buyers
Stripe
Targets
Bridge
Location
Texas, United States
Transaction Type
Buyout

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