Bridge Acquires Web3 Infrastructure Platform Triangle
Bridge, which is in the process of being acquired by Stripe for $1.1 billion, has announced the acquisition of Triangle, a Web3 wallet platform. The financial details of the acquisition of Triangle have not been disclosed. This move comes as Bridge positions itself to strengthen its offerings in the rapidly evolving Web3 ecosystem. The acquisition aligns with Stripe's broader strategy to expand its capabilities in the digital finance sector. With the significant investment from Stripe, Bridge aims to enhance its infrastructure and services, making it a key player in the blockchain and cryptocurrency landscape. The integration of Triangle's technology could provide Bridge with advanced tools to cater to growing demands for secure and efficient Web3 solutions.
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