Triangle is being bought by stablecoin company Bridge, which itself is the target of a takeover by payments giant Stripe., a web3 wallet infrastructure platform founded by Stripe alumni Tasti Zakarie, has been acquired by stablecoin payments platform Bridge, the company said in a press release on Friday.
As part of the deal, the Triangle team will join Bridge to help build scalable stablecoin systems, the company said. Financial details of the transaction were not disclosed."Triangle was inspired by Stripe in how easy they made it to accept payments in any application," Triangle founder and CEO Tasti Zakarie said in emailed comments."Similarly, we made it easy to utilize digital assets in any application.
The California-based company has built a developer API that allows companies to offer wallets to less tech savvy users and bring more users onchain.. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation.
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