{"id":38244,"date":"2021-03-02T20:51:05","date_gmt":"2021-03-02T18:51:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=38244"},"modified":"2025-08-30T03:39:23","modified_gmt":"2025-08-30T00:39:23","slug":"paypal-to-acquire-crypto-custody-provider-curv-reports-say","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/paypal-to-acquire-crypto-custody-provider-curv-reports-say\/","title":{"rendered":"PayPal to acquire crypto custody provider Curv, reports say"},"content":{"rendered":"

Payments giant PayPal is set to acquire crypto-custody infrastructure provider Curv. CoinDesk<\/a> reports, citing the Israeli publication Calcalist.<\/p>\n

\n

\u201cPayPal has previously made several major acquisitions, such as Venmo. Now the company intends to own something related to crypto,\u201d said one of the sources familiar with the situation.<\/p>\n<\/blockquote>\n

The deal is valued at between $200 million and $500 million, according to various estimates.<\/p>\n

Another source noted that the decision to acquire Curv was taken after last year’s breakdown of talks with custodian BitGo<\/a>.<\/p>\n

In July last year Curv raised $23 million<\/a> in a Series A funding round from Commerzbank Group, Coinbase Ventures and Digital Currency Group.<\/p>\n

In October a further round of financing for Curv took place<\/a>, led by investment giant Franklin Templeton.<\/p>\n

In November, PayPal launched<\/a> bitcoin buying and selling for US customers.<\/p>\n

In February, the company stated<\/a> that it was not considering placing reserves in the leading cryptocurrency.<\/p>\n

Subscribe to ForkLog’s channel on YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

PayPal, the payments giant, is set to acquire Curv, a crypto-custody infrastructure provider. CoinDesk reports, citing Israel’s Calcalist.<\/p>\n","protected":false},"author":1,"featured_media":38245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1156,182],"class_list":["post-38244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-institutional-investors-and-whales","tag-paypal"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=38244"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38244\/revisions"}],"predecessor-version":[{"id":38246,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38244\/revisions\/38246"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/38245"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=38244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=38244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=38244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}