PayPal is in the midst of moving forward with its acquisition deal of the cryptocurrency security storage startup Curv, according to a press release on Monday (March 8).
Curv was launched in New York, New York in 2018 by Itay Melinger, who serves as chief executive officer, and Dan Yadlin, chief technology officer. The company has a research and development office in Tel Aviv, Israel, where the startup ranks among the leading cloud-based infrastructure firms for digital asset security.
“The acquisition of Curv is part of our effort to invest in the talent and technology to realize our vision for a more inclusive financial system,” said Jose Fernandez da Ponte, vice president and general manager, blockchain, crypto and digital currencies, PayPal.
Source: Pymnts
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