Stripe in talks to acquire Bridge for $1B

$1B for a cryptocurrency company in almost 2025? Talk about striking while the iron is cold.

This is Bridge leveraging failed talks for future funding rounds or in hopes of finding another faster buyer. Stripe has been making a plethora of acquisitions recently, but have kept all of them quiet and mostly directed towards tiny teams that were covering blind spots for Stripe.

I just don't see how any of that aligns with Bridge, not when Stripe has already been implementing crypto related features and is well positioned to offer everything Bridge does without the $1B purchase cost for a company that can only get valuation at 200m.

Genuinely appreciative that Stripe has remained private long enough to single handedly keep both M&A and crypto active post-ZIRP.

I know it’s not a popular opinion here, but decentralized internet currencies are a good thing for the human race to have in its back pocket, despite the apparent lack of a use in a US dollar hegemony.

Still, curious about 200M -> 1B! Sounds like about of editorial fudging to me.

It is sad that Stripe is still trying to pursue crypto.

Have they not learned from their failed Bitcoin experiment?