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Announced

Shift4 Payments to acquire The Giving Block for $300m.

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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