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Stablecoin firm Bridge acquires Web3 wallet platform Triangle

Stablecoin firm Bridge acquires Web3 wallet platform Triangle

CointimeCointime2024/11/01 12:11
By:Cointime

stablecoin company Bridge has acquired Web3 wallet platform Triangle, and the specific acquisition amount has not yet been disclosed. As part of the transaction, the Triangle team will join Bridge to help build a scalable stablecoin system. It is reported that Triangle founder Tasti Zakarie previously worked at Stripe, and recently payment company Stripe acquired stablecoin platform Bridge for $1.1 billion, which is Stripe's largest acquisition to date and the largest acquisition in the history of the cryptocurrency industry. Bridge had previously raised $58 million, including a $40 million Series A financing round with a valuation of $200 million.

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