News Explorer — Stripe Closes $1.1 Billion Deal for Stablecoin Platform Bridge

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Feb 5, 6:46 pm

Techcrunch

Stripe Closes $1.1 Billion Deal for Stablecoin Platform Bridge

Stripe's $1.1 billion acquisition of Bridge, a stablecoin platform, is its largest to date, signaling a significant move into the crypto space. Bridge, founded in 2022, raised $58 million and was valued at $200 million in 2024. Stripe co-founder Patrick Collison highlighted the rapid adoption of stablecoins.

Stripe's $1.1 billion acquisition of Bridge, a stablecoin platform, is its largest to date, signaling a significant move into the crypto space. Bridge, founded in 2022, raised $58 million and was valued at $200 million in 2024. Stripe co-founder Patrick Collison highlighted the rapid adoption of stablecoins.

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