Why PayPal Acquired Crypto Company Curv | Cryptocurrency Wallets For Business 2021

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PayPal has started building the infrastructure necessary to allow merchants to accept Cryptocurrency in 2021.

PayPal recently made a big investment into the blockchain and crypto side of their business with the acquisition of Curv.

Curv offers a service that provides cloud-based crypto wallets for business including banks, custodians, hedge funds, exchanges, and FinTech companies.

Curv allows businesses to securely store and manage digital assets without the need for in-house blockchain engineers.

This move helps PayPal in their battle for fintech supremacy with rival Square.

Both PayPal and Square have made substantial moves to allow their customers to access and use Bitcoin in the past.

Curv, works with multiple different blockchains and will enable PayPal to accept over 200 different tokens. This will give them a huge advantage.

It’s still early, so any details have not been released as yet.

PayPal trades under the ticker symbol $PYPL

The PayPal Mafia:
https://evannex.com/blogs/news/tesla-is-just-one-of-many-companies-with-roots-in-paypal

Curv Website:
https://www.curv.co

Why Square Acquired Tidal:
https://youtu.be/YgkxrpE42Bg

???? Connect With Me:
Blog - www.CourtneyStephen.com
Social - @TheCStephen

⚠️This video is not a recommendation to buy any specific investments. The companies mentioned are only examples and this should be thought of as entertainment only. Please do your own research before investing and seek the help of a professional.
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