Acquisition Buzz: Stripe & Bridge

It's been a few days since the news hit.

The blockchain and cryptocurrency space is beginning to see how big financial institutions truly feel about the promise of stablecoins.

Cross-border payments, international remittances, quick B2B transactions, consumer-to-merchant money transfers, lending, borrowing, trading and on and on.

You know there is a huge unrealized upside when Stripe sets out to acquire Bridge Ventures Inc, a promising start-up dedicated to “Make money move”.

The price tag? $1.1 billion. 

Smart move for Stripe? Definitely. Good for the Bridge team? We’ll see.

Watch out for similar M&A news across the RWA tokenization space.

TA.

From Stablecoin City With Love