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Stablecoin Firm Bridge Acquires Web3 Wallet Platform Triangle

Stablecoin firm Bridge has acquired Web3 wallet platform Triangle for an undisclosed sum. As part of the deal, the Triangle team will join Bridge to help build a scalable stablecoin system. Triangle founder Tasti Zakarie previously worked at Stripe, and recently payments firm Stripe acquired stablecoin platform Bridge for $1.10 billion, which is Stripe's largest acquisition to date and the largest in crypto history. Bridge previously raised $58 million, including a $40 million Series A round at a valuation of $200 million.