PayPal Acquires Crypto Firm Curv - Norwegian Company Buys Bitcoin

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Published Mar 9, 2021

Payments giant PayPal has acquired Israel-based crypto custody firm Curv for an undisclosed amount. Norwegian investment firm Aker ASA has created a new subsidiary to hold Bitcoin on its balance sheet and invest in other companies in the crypto space. NYDIG Raises $200 Million from strategic partners and additional capital comes amid dramatic acceleration of Bitcoin adoption via NYDIG from traditional financial services firms. A third Bitcoin exchange-traded fund (ETF), CI Galaxy Bitcoin ETF, is expected to list on the Toronto Stock Exchange on Tuesday. Ripple Labs said it and MoneyGram have decided to wind down their partnership agreement. A document from an Australian accounting firm states the France Central Bank is looking to build its CBDC on the XRP Ledger.