Announced
Financials
Tags
Private
Cross Border
cryptocurrencies
Pending
Majority
Acquisition
United States
Payments / Commerce
Friendly
Single Bidder
Synopsis
Shift4 Payments, an American payment processing company, agreed to acquire The Giving Block, a nonprofit-specific solution for accepting cryptocurrency donations, for $300m. The Giving Block operates the leading crypto donation marketplace connecting cryptocurrency donors with over 1.3k nonprofit organizations. It is a fast growing and highly profitable business filling a vital need for nonprofits, with cryptocurrency donations, including Bitcoin and Ethereum, representing the #1 trend in philanthropic giving for 2022.
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