Crypto Startup Wyre Payments To Be Acquired By Payments Company Bolt Financial In A $1.5 Billion Deal -WSJ

Payments-focused fintech firm Bolt Financial is acquiring crypto services startup Wyre Payments in a $1.5 billion deal.

Wall Street Journal (WSJ), 7 April crypto startup Wyre Payments‘s payment company Bolt Financial announced that it will be purchased by

In the news, by sources close to the agreement, 1.5 billion dollars given the value purchase agreementresearch company Dealogicaccording to data of Largest acquisition among deals in the crypto industry that does not involve a special purpose acquisition company (SPAC) will be.

San Francisco based blockchain based payment company wyre, Exchange national currencies and cryptocurrencies between banks and crypto wallets for individual and institutional customers besides the service cryptocurrency trading offers the service.

USA‘also 27 licensed in the state wyrelast year Fintech Fast Track After joining the program to the Visa network was connected.

Provides online payment services Bolt Financial, January per month 11 billion dollars by valuation $355 million had collected.

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