Modern Treasury completed the acquisition of Beam.

Modern Treasury, a technology company specializing in real-time payments, completed the acquisition of Beam, a stablecoin and fiat payment platform. Financial terms were not disclosed. “Instant payments and stablecoins are the future of money movement. Beam has proven traction delivering real-time payments for stablecoin-native payment flows. Modern Treasury has processed hundreds of billions of dollars on our platform. Together, we’re creating the best infrastructure to move money instantly — without the delays and limitations of banks or card-first payment providers," Matt Marcus, Modern Treasury Co-Founder and CEO.