Deals
PayPal to Acquire Curv to Further Its Push Into Cryptocurrencies
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PayPal Holdings Inc. said it will acquire the cryptocurrency firm Curv as it seeks to beef up its talent pool for handling digital currencies.
PayPal, which didn’t disclose financial terms of the deal, has been building out a new unit dedicated to furthering its efforts in cryptocurrencies after it began allowing consumers to buy, sell and hold certain digital currencies in its wallet in recent months. Curv, with about 40 employees, will join that team, the payments giant said Monday in a statement.