The deal will spur PayPal’s cryptocurrency team on the curve, a startup working with exchanges, brokers and over-the-counter desks to help its users securely store crypto assets and without the need for additional hardware Helps to reach their purse.
The large company already supports the buying and selling of cryptocurrencies, and it says it plans to launch new crypto-related products in other countries and in Venmo. Calcalist was the first to report the acquisition, and stated that the deal price was between $ 200 and $ 300 million, while another source tells ClearTips that the price was less than $ 200 million.
