{"id":3529,"date":"2025-02-05T20:41:41","date_gmt":"2025-02-05T20:41:41","guid":{"rendered":"https:\/\/fusionmindlabs.com\/blogs\/stripe-makes-1-1b-crypto-bet-on-bridge-acquisition\/"},"modified":"2025-02-05T20:41:41","modified_gmt":"2025-02-05T20:41:41","slug":"stripe-makes-1-1b-crypto-bet-on-bridge-acquisition","status":"publish","type":"post","link":"https:\/\/fusionmindlabs.com\/blogs\/stripe-makes-1-1b-crypto-bet-on-bridge-acquisition\/","title":{"rendered":"Stripe makes $1.1B crypto bet on Bridge acquisition."},"content":{"rendered":"\n<\/p>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Stripe has completed its $1.1 billion purchase of stablecoin platform Bridge, marking the payment giant&#8217;s largest acquisition to date and a tangible push into the crypto market.<\/p>\n<p class=\"wp-block-paragraph\">Co-founded in 2022 by Coinbase and Square alumni Zach Abrams and Sean Yu, San Antonio, Texas-based Bridge built an API that enables companies to accept stablecoins. The pair secured $58 million in funding from investors such as Index Ventures and Sequoia Capital, according to PitchBook. At the time of its $40 million Series A funding in 2024, Bridge was valued at $200 million.<\/p>\n<p class=\"wp-block-paragraph\">With this acquisition, Stripe is clearly betting big on crypto.<\/p>\n<p class=\"wp-block-paragraph\">In a February 5 post on X, Stripe co-founder and CEO Patrick Collison wrote: \u201cWe expected Bridge (follow them at @stablecoin) to grow very quickly, and we\u2019re nevertheless shocked at just how rapidly adoption is exploding. In the coming years, everyone programmatically moving money will likely want a stablecoin strategy.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Last July, Stripe enabled crypto purchases in the EU, and in October, the fintech announced a Pay with Crypto feature that lets merchants accept stablecoins.<\/p>\n<\/div>\n\n<br \/><a href=\"https:\/\/techcrunch.com\/2025\/02\/05\/stripe-makes-1-1-billion-crypto-bet-as-it-closes-on-bridge-acquisition\/\" rel=\"nofollow noopener\" target=\"_blank\">Source Link<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stripe has completed its $1.1 billion purchase of stablecoin platform Bridge, marking the payment giant&#8217;s largest acquisition to date and a tangible push into the crypto market. Co-founded in 2022&#8230;<\/p>\n","protected":false},"author":0,"featured_media":3530,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[869,870,871,676],"class_list":["post-3529","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-bridge","tag-crypto","tag-stablecoin","tag-stripe"],"jetpack_featured_media_url":"https:\/\/fusionmindlabs.com\/blogs\/wp-content\/uploads\/sites\/9\/2025\/02\/GettyImages-652146145.jpg","_links":{"self":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts\/3529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/comments?post=3529"}],"version-history":[{"count":0,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/posts\/3529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/media\/3530"}],"wp:attachment":[{"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/media?parent=3529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/categories?post=3529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fusionmindlabs.com\/blogs\/wp-json\/wp\/v2\/tags?post=3529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}