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Announced

Circle to acquire CYBAVO.

Synopsis

Circle Internet Financial, a financial technology firm, agreed to acquire CYBAVO, a crypto technology company. Financial terms were not disclosed. "CYBAVO co-founders Paul Fan and Tim Hsu have built an incredibly impressive product. They are unlocking value for developers and operators across nearly every major sector impacted by crypto and Web3. That will help Circle create new opportunities for enterprise and developer services while also providing compelling enhancements to our Circle Account and Circle API capabilities for an improved customer experience, helping to grow adoption of USDC," Jeremy Allaire, Circle Co-Founder and CEO.

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