Bolt, a fiat-to-crypto and payment infrastructure company, agreed to acquire Wyre, a cryptocurrency infrastructure provider, from Ether Capital, a Toronto-based technology company, for $1.5bn. "This acquisition is the fulfillment of a long-time ambition. When I wrote the draft business plan for Bolt, I had always imagined cryptocurrency at its center. That was 2015, and the idea was a slide on a pitch deck. To think that seven years later, we'd be partnering with Wyre to make that vision a reality is incredible. This acquisition will fast-track our efforts to democratize commerce—and it will serve as a powerful proof point for the union of cryptocurrency and commerce," Ryan Breslow, Bolt Founder and Chairman.