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PayPal announces plans to acquire Curv, a crypto security firm March 9, 2021 PayPal didn’t disclose the financial terms of this deal but seeks to seal it in the first half of 2021. Through this acquisition, the payments-focused firm aims to expand its pro-crypto initiatives. Reportedly, PayPal chose Curv after taking interest in the dedication of its team. PayPal is gearing up to purchase Curv, a Tel Aviv-based provider of cloud-based infrastructure for digital asset security. The payments giant unveiled this news through a press release on March 8, noting that it seeks to expand its efforts to support cryptocurrencies and digital currencies through this acquisition. Reportedly, Curv will join PayPal’s newly-developed business unit, which focuses on the blockchain, crypto, and digital currencies once the deal is complete.

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