PayPal Said to Be in Talks to Buy Crypto Firms Including BitGo: Bloomberg
Kevin Reynolds
PayPal is exploring purchases of cryptocurrency companies including bitcoin custodian firm BitGo, Bloomberg reported, citing people familiar with the matter.
- The news comes a day after the payments giant announced it’s entering the cryptocurrency market.
- A BitGo spokesperson declined to comment on the report.
This story is developing. It will be updated as more is known.
Subscribe to Blockchain Bites, our daily update with the latest stories.
By signing up, you will receive emails about CoinDesk products and you agree to our
terms & conditions
and
privacy policy.
Read more about…
PayPal
Disclosure
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.