您现在的位置是:PayPal Set To Purchase Curv Before Q3 Of 2021 >>正文
PayPal Set To Purchase Curv Before Q3 Of 2021
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛2人已围观
简介The leading payment processor has corroborated reports suggesting it has acquired crypto custodian C...
The leading payment processor has corroborated reports suggesting it has acquired crypto custodian Curv
PayPal announced yesterday that it has acquired the digital asset company Curv, confirming reports making rounds on social media since last week. The world’s largest payment processor revealed it would complete the purchase by the second quarter of the year.
Reports of the acquisition surfaced at the beginning of last week, with PayPal finally substantiating the rumours through a press release.
“PayPal Holdings today announced that it has agreed to acquire Curv to accelerate and expand its initiatives to support cryptocurrencies and digital assets. Curv is a leading provider of cloud-based infrastructure for digital asset security based in Tel Aviv, Israel.”
The company’s blockchain, crypto, and digital currencies VP, Jose Fernandez da Ponte explained that the purchase would help achieve the objective of a sweeping financial system.
“The acquisition of Curv is part of our effort to invest in the talent and technology to realize our vision for a more inclusive financial system,” he said. “We’ve been impressed by their technical talent, entrepreneurial spirit, and the thinking behind the technology they’ve built in the last few years. We’re excited to welcome the Curv team to PayPal.”
Speaking about the developments, Curv’s chief executive Itay Malinger set forth that PayPal was best suited to help the crypto firm realise its innovation goals.
“As a pioneer in security infrastructure for digital assets, Curv is proud to be recognized as an innovator and trusted partner to leading financial institutions around the world. Now, as the adoption of digital assets accelerates, we feel there’s no better home than PayPal to continue our journey of innovation.”
PayPal did not divulge any specific details regarding the cost of the acquisition. However, reports estimate the purchase to be in the range of $500 million. This is not the first crypto-related undertaking PayPal has been involved in however.
The payment service company announced support of crypto purchase on its platform in October last year. The development meant that its users could conveniently buy and even hold crypto on the platform. The crypto sector quickly reacted to the announcement resulting in a $25 billion crypto market capital leap.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/39632.html
相关文章
Bronze Age secrets: Ancient cemetery unearthed at Saxavord spaceport
PayPal Set To Purchase Curv Before Q3 Of 2021By subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.In the ru...
阅读更多
Where to buy TreatDAO: traders race to TREAT after 450% rise
PayPal Set To Purchase Curv Before Q3 Of 2021TreatDAO helps content creators monetise SFW and NSFW content using NFTs, democratising the content...
阅读更多
Substack now accepts Bitcoin payments on Lightning Network
PayPal Set To Purchase Curv Before Q3 Of 2021The online publishing platform is enabling its independent publishers to accept crypto payments from...
阅读更多
热门文章
- Kyrgyzstan president believes blockchain can lead to fair elections
- Bitcoin and Ethereum prices recovering after a week
- Survey shows most US citizens aren’t on board with the idea of virtual currency
- Top Companies Leading Blockchain Use, March 2021
- Filecoin miners go on strike due to unfair economic model
- Oppenheimer director Christopher Nolan says possibilities of AI are 'terrifying'