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Sources Said PayPal Will Acquire Crypto Custody Firm Curv For Up To $500 Million
Summary: According to Israeli media Calcalist, three sources familiar with the situation revealed that PayPal is acquiring Curv, a cryptocurrency security and custody company, at a price of between $200 million and $500 million. Curv, who raised $23 million last year to serve the demand of institutional investors, uses a multi-party computing (MPC) cryptosystem to ensure the security of assets, ...
According to Israeli media Calcalist, three sources familiar with the situation revealed that PayPal is acquiring Curv, a cryptocurrency security and custody company, at a price of between $200 million and $500 million.
Curv, who raised $23 million last year to serve the demand of institutional investors, uses a multi-party computing (MPC) cryptosystem to ensure the security of assets, protecting digital assets to be transferred between any distributed blockchains.
By Mary Liu
Tags: Cryptocurrency,Curv,MPC,Paypal
Link: Sources Said PayPal Will Acquire Crypto Custody Firm Curv For Up To $500 Million [Copy]
