Category Mergers and Acquisitions

Paxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland.

Bridge acquired Triangle for an undisclosed amount.

The completion of the acquisition is subject to regulatory approval in Spain.

Stablecoins have emerged as the main use-case for blockchains, especially for cross-border payments, the report said.

The company will also become one of the first validators on the Berachain mainnet.