Payments company Bolt agreed to buy crypto startup Wyre for $1.5 billion, according to a Wall Street Journal report Thursday.
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The acquisition would be the largest in the crypto industry among those not involving a special purpose acquisition company (SPAC), according to the report, which cited people familiar with the matter.
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Wyre is a blockchain-based payments firm that last year connected to the Visa network after joining its Fintech Fast Track Program.
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Bolt provides online checkout services and raised $355 million in January giving it an $11 billion valuation.