On November 1, the stablecoin company Bridge acquired the Web3 wallet platform Triangle, with the specific acquisition amount not yet disclosed. As part of the transaction, the Triangle team will join Bridge to help it build a scalable stablecoin system.
It is reported that Triangle founder Tasti Zakarie previously worked at Stripe, and recently the payment company Stripe acquired the stablecoin platform Bridge for $1.1 billion, which is Stripe's largest acquisition to date and the largest acquisition in the history of the cryptocurrency industry. Bridge had previously raised $58 million in funding, including a $40 million Series A round with a valuation of $200 million.
