Stripe Acquires Bridge for $1.1B, Largest Crypto Deal Ever

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Payments giant Stripe has acquired stablecoin platform Bridge for $1.1 billion, marking the largest acquisition in the crypto industry’s history. Bridge, which helps businesses accept payments in stablecoins, was previously valued at $200 million after raising $58 million from investors. The acquisition signals Stripe’s expanding push into crypto services, following its recent partnerships with Coinbase and the reinstatement of crypto payments via USDC. The deal represents Stripe’s largest acquisition to date, solidifying its growing presence in the digital assets space.