CandleFocus Stripe's $1.1B Acquisition Target, Bridge, Buys Web3 Wallet Platform Triangle
2024-11-01
Author: Content Editor
Crypto news platform Triangle has been acquired by stablecoin company Bridge. Triangle's founder, Tasti Zakarie, formerly worked for payments giant Stripe, which is itself in the process of acquiring Bridge. The financial details of the Triangle acquisition were not disclosed. As part of the deal, the Triangle team will join Bridge to help develop scalable stablecoin systems. Triangle is a web3 wallet infrastructure platform that offers a developer API to allow companies to offer wallets to less tech savvy users and bring more users onchain. Triangle is backed by investors including Chamath Palihapitiya and DCG.
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