Stripe acquires stablecoin platform Bridge for $1.1 billion, marking the largest crypto deal to date.

Stripe has completed a roughly $1.1 billion acquisition of stablecoin infrastructure startup Bridge, the largest deal in Stripe’s history and one of the biggest M&A exits in the crypto sector to date. Bridge, founded in 2022 by alumni of Coinbase and Block (Square), provides APIs and backend infrastructure that let businesses receive, store, convert, issue and spend stablecoins, making it easier for companies to integrate dollar-pegged crypto payments into their products. The startup had previously raised about $58 million from investors including Index Ventures and Sequoia Capital and was valued near $200 million at its 2024 Series A, underscoring the scale of the premium Stripe is paying for its technology and traction. The acquisition represents a major strategic bet by Stripe on stablecoins as a mainstream payment rail, following the company’s moves to reintroduce crypto support, enable crypto purchases in Europe, and launch “Pay with Crypto” options for merchants. By integrating Bridge’s infrastructure, Stripe is positioning itself to offer faster and cheaper cross-border settlement and programmable money capabilities on top of its existing card and bank payment rails, at a time when global stablecoin transaction volumes have reached multi-trillion-dollar levels annually. For the broader market, a leading global payments processor committing over a billion dollars to a stablecoin platform is a strong signal that regulated, fiat-backed stablecoins are moving from niche crypto use cases toward mainstream financial and commerce infrastructure.

✨ AI-generated background, compiled from web sources — not editorial content.

More coverage

• Stripe's $1.1 Billion Acquisition of Bridge - FNEX Capital (fnex.com)
• Stripe makes $1.1B crypto bet as it closes on Bridge acquisition (techcrunch.com)
• Stripe completes Bridge acquisition (stripe.com)
• What Stripe's Acquisition of Bridge Means for Fintech and Stablecoins (a16z.com)
• Bridge | Stablecoin Infrastructure and APIs for Developers (bridge.xyz)

Explore the topic

• Bridge (Stripe product)
• Coinbase
• Stripe
• Stablecoins