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64314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/54512.html
相关文章
Bitget halts plans for crypto licence in Hong Kong
PayPal Set To Purchase Curv Before Q3 Of 2021Bitget announced that it will halt operations for its Hong Kong unit by December 13.The crypto excha...
阅读更多
The Fed may be done hiking: Time to buy Shiba Memu?
PayPal Set To Purchase Curv Before Q3 Of 2021The biggest stories of this week were the Federal Open Market Committee (FOMC) meeting on Wednesday...
阅读更多
Impact of SEC’s proposed regulation DeFi on Uniswap, Maker, and Galaxy Fox
PayPal Set To Purchase Curv Before Q3 Of 2021Decentralized Finance (DeFi) has emerged as one of the hottest sectors in crypto, attracting institu...
阅读更多
热门文章
- Bybit CEO Explains Weaknesses In Exchanges After Kucoin Hack
- Bitcoin wallets with 100+ coins hit new one
- Venezuela Deploys Bitcoin Satellite For Offline Transactions
- Impact of SEC’s proposed regulation DeFi on Uniswap, Maker, and Galaxy Fox
- Bitmex fast
- Latin America At The Forefront Of Crypto Adoption in 2023
最新文章
BTC, ETH, XRP price update: Here's what analysts are saying
Bitrue partners with Xahau Ledger to drive innovation in the XRPL Ecosystem
XRM/USD keeps trading in a range. Bearish momentum persists.
It could take months for FTX fallout to be fully uncovered
DFINITY and SingularityNET partner to advance decentralised AI infrastructure
Islamic Coin just hours away from listing on KuCoin