PAYPAL ACQUIRES CRYPTO SECURITY FIRM CURV FOR NEARLY $200 MILLION

"PayPal announced on Monday it has acquired Curv, a Tel Aviv-based startup that uses a novel form of cryptography to safeguard customers' stashes of Bitcoin and other digital assets. The deal is the latest sign of the payment giant's growing crypto ambitions, and provides clues into PayPal's strategy to capitalize on the fast-changing world of financial technology."

🔴 BREAKING: PayPal is officially acquiring Curv, and a source tells Decrypt the deal price is nearly $200 million.https://t.co/ePSSm6d4Ge

— Decrypt Media (@decryptmedia) March 8, 2021