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Stripe in talks to acquire Bridge for $1 billion | TechCrunch

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Summary
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71% Informative

Stripe is reportedly in talks to acquire stablecoin platform Bridge for $1 billion .

Bridge was cofounded by Coinbase alumni Zach Abrams and Sean Yu .

The pair raised $58 million from investors like Index Ventures and Sequoia Capital .

If the deal goes through, it would be a huge jump from Bridge ’s $200 million valuation.

VR Score

65

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61

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20

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formal

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English

Language complexity

39

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not hateful

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not detected

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short-lived

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