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
- Industry
- Payments & Fintech
- Location
- Texas, United States
- Transaction Type
- Buyout
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