Sources: PayPal is exploring acquisitions of cryptocurrency companies, including holding talks with BitGo, which makes multi-signature cryptocurrency wallets
- Goldman-backed startup helps investors store Bitcoin securely — No deal is finalized and talks could still fall apart
Bloomberg
Related Coverage
- PayPal explores cryptocurrency company acquisitions, BitGo named as potential purchase ZDNet · Charlie Osborne
- PayPal Reportedly in Talks to Buy Crypto Firms Including BitGo TheStreet · Rob Lenihan
- PayPal Makes Swift Moves as It Seeks to Acquire Crypto Custodian BitGo coinspeaker.com · Bhushan Akolkar
- DeFi Protocols Reach ATH Of Over $12 Billion TVL Amid New Bull Run InsideBitcoins.com · Ali Raza
- PayPal begins acquisition hunt - starting with BitGo Coin Journal · Sam Grant
- Paypal To Continue Bitcoin Takeover With Plans To Acquire BitGo International Business Times · Vincent Figueras
- PayPal Eyes Buying Crypto Firm BitGo, Others PYMNTS.com
- PayPal In M&A Talks With Wrapped Bitcoin Custodian BitGo - Report Cryptonews · Linas Kmieliauskas
- PayPal Exploring Acquiring Crypto Companies, Already in Talks with Bitcoin Custodian BitGo BitcoinExchangeGuide · AnTy
- Report: PayPal in talks to acquire cryptocurrency wallet and custodial services startup BitGo SiliconANGLE · Duncan Riley
- PayPal rumored to be eying acquisition of crypto custodian BitGo Cointelegraph · Samuel Haig
- Sources: PayPal Is Looking to Acquire Crypto Companies, Namely BitGo NewsBTC · Nick Chong
- PayPal in Talks to Buy BitGo, Other Crypto Companies: Reports Decrypt · Jeff Benson
- Bloomberg: Is PayPal buying crypto custodian BitGo? Modern Consensus · Leo Jakobson
- PayPal Rumored to Buy BitGo Days After Launching Bitcoin Services Crypto Briefing · Liam Kelly
Discussion
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@thorchain_org
@thorchain_org
on x
There goes wBTC. The majority of wrapped Bitcoin is custodied by BitGo. PayPal is not a good actor in this space. Position accordingly. https://twitter.com/...
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@teaching_crypto
Cryptonite
on x
If paypal supporting crypto and acquisitions results in a positive outlook on its stock price im sure others will follow their lead. Dotcom becomes crypto https://twitter.com/... https://twitter.com/...
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@thecryptolark
Lark Davis
on x
And so it begins, Paypal is going to start absorbing key infrastructure companies across #crypto land! https://www.bloomberg.com/...
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@arrington
Michael Arrington
on x
That escalated quickly. I'm all for PayPal being in crypto but let's not defecate in the bath water, or whatever the saying is. https://twitter.com/...
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@matigreenspan
Mati Greenspan
on x
Crypto arms race!! 🚀⏱️👇 https://twitter.com/...