Crypto VC funding: Stripe buys Bridge, Bluesky bags $15m

In the world of cryptocurrency, Bridge, a stablecoin startup founded less than three years ago, made headlines this week by announcing a remarkable deal. The San Francisco-based payment processing giant, Stripe, agreed to acquire Bridge for an impressive $1.1 billion, leaving many crypto entrepreneurs wondering when their own ventures might attract such big-name buyers.

Meanwhile, early-stage crypto startups continue to seek funding from venture capitalists to extend their operations. Among the notable funding rounds, Bluesky, a decentralized social media platform, secured $15 million in a Series A round led by prominent investors like Blockchain Capital. Show Less

https://crypto.news/crypto-vc-funding-stripe-bridge-bluesky-15-million/
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