2023-01-04
I sent an email to Wyre some months back asking about their Yield product—in large part because Wyre+Yield was used by a bunch of small CeDeFi and fintech apps. Their response insinuated Wyre+Yield had been closed for months, but some apps were still using it for their treasury. https://twitter.com/...
Axios
Sources: crypto payments startup Wyre told staff that it is shutting down; Bolt planned to acquire Wyre for ~$1.5B but canceled the deal in September 2022
Wyre, a crypto payments company founded in 2013, has told employees that it is shutting down amid layoffs, Axios has learned.