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Announced

PayPal to acquire Curv.

Synopsis

PayPal, an American company operating an online payments system, agreed to acquire Curv, a provider of cloud-based infrastructure for digital asset security based in Tel Aviv, Israel. Financial terms were not disclosed. "As a pioneer in security infrastructure for digital assets, Curv is proud to be recognized as an innovator and trusted partner to leading financial institutions around the world. Now, as the adoption of digital assets accelerates, we feel there's no better home than PayPal to continue our journey of innovation. We're excited to join PayPal in expanding the role these assets play in the global economy," Itay Malinger, Curv CEO.

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