PayPal Confirms It’s Buying Crypto Security Firm Curv

PayPal Confirms It’s Buying Crypto Security Firm Curv

The payments giant said Curv will help it “accelerate and expand its initiatives to support cryptocurrencies and digital assets.”

 

PayPal said Monday it has agreed to acquire Israel-based Curv, a provider of cloud-based infrastructure for digital asset security.

The financial terms of the deal were not disclosed, but the payments giant said it plans to use its new purchase to “accelerate and expand its initiatives to support cryptocurrencies and digital assets.”

CoinDesk first reported the acquisition was in progress on March 2.

 

Source: https://www.coindesk.com/paypal-to-acquire-curv

Dwain Hosking

Dwain is a founding economist at Bees Social Group, an economic advisory focused on the implementation of emerging technologies, and an academic contributor to the World Economic Forum. He has a Ph.D. in Business Economics from Harvard.

Leave a Reply

Your email address will not be published. Required fields are marked *