One-click checkout service Bolt acquires crypto payments startup Wyre, sources say for around $1.5B
Deal extends crypto's hot M&A market following record deal activity in 2021 — Bolt Financial Inc., a payments-focused financial technology company, is acquiring crypto-services startup …
Wall Street Journal Paul Vigna
Related Coverage
- Payments Company Bolt to Buy Wyre for $1.5B to Add Crypto Option CoinDesk · Jamie Crawley
- Bolt to Acquire Wyre, Accelerating Mainstream Adoption of Cryptocurrency PR Newswire
- View article Finextra
- Crypto payments firm Wyre acquired by Bolt in deal worth roughly $1.5 billion The Block · Michael McSweeney
- Payments Provider Bolt Financial to Buy Crypto Startup Wyre Bloomberg · Tanzeel Akhtar
- View article Cointelegraph
- View article Coinspeaker
- View article Crypto Executive Guide
- Payments company Bolt to buy crypto firm Wyre in $1.5 bln deal - WSJ Reuters · Niket Nishant
Discussion
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@bolt
@bolt
on x
Thrilled to share that @bolt will acquire @sendwyre, a disruptive cryptocurrency infrastructure provider. Together, we'll be powering the industry's first one-click cryptocurrency checkout. ⚡️🔑 As seen in @wsj👇 https://www.wsj.com/...
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@pt
@pt
on x
What are other examples of relatively early startups acquiring companies in stock for ~30x their own revenue that worked out well? Seems like a big pill to digest while growing into your own business fast. https://twitter.com/...
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@bigbrutha_
@bigbrutha_
on x
Omoooooooo https://twitter.com/...
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@timigod
@timigod
on x
Woah. https://twitter.com/...
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@mayazi
Maya Zehavi
on x
Biggest crypto m&a yet... Ironic that Bolt needs Wyre though, considering their biggest competitior, Fast shut down. The entry of Fintechs into crypto seems to be more rev driven to make up for their biz model given how much of block/RH is crypto driven https://www.wsj.com/...
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@carnage4life
@carnage4life
on x
Some people ask how well is Bolt doing given the news about Fast? You can answer this by asking yourself how often you've seen a “Continue with Bolt” button on an app or website. https://twitter.com/...