The tape gets a 1.1 billion dollar coding bets while closing the acquisition of the bridge

Tape Closed to buy $ 1.1 billion From Stablecoin Platform Bridge – Place a Giant of Payment The largest acquisition so far Pay tangible in encryption.

Participated in its foundation in 2022 by Coinbase and the two square graduates Zach Abrams and Shawn Yu, San Antonio, Texas -based bridge, built an application programming interface that helps companies accept Stablecoins. The pair raised $ 58 million of investors such as Index Ventures and Sequoia Capital, according to Pitchbook. Its worth $ 200 million when the A series of $ 40 million raised in 2024.

With this acquisition, it is clear that the tape is betting on encryption.

On February 5 After xPatrick Coleson, co -founder to participate in Strip Stablecoin) To grow very quickly, however we are shocked by the extent of the adoption of the adoption quickly. In the coming years, every person is likely to move software strategy Stablecoin. “

Last July, tape Empowering encryption purchases In the European Union, in October, Fintech announced the Crypto feature that allows traders to accept Stablecoins.