Triangle, 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.
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.
Bridge itself is a recent acquisition target. The stablecoin company is being bought by Stripe for $1.1 billion, in the largest crypto acquisition by a major payments company to date.
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.
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