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PayPal Confirms Acquisition of Digital Asset Security Technology Curv

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4 years ago

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Finally, PayPal the payment giant today confirms the acquisitions of digital asset security technology Curv. The acquisition of Curv by PayPal is to accelerate and expand its initiatives to support cryptocurrencies and digital assets.

“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.

“During our conversations with Curv’s team, we’ve been impressed by their technical talent, entrepreneurial spirit, and the thinking behind the technology they’ve built in the last few years. We’re excited to welcome the Curv team to PayPal.”

“As a pioneer in security infrastructure for digital assets, Curv is proud to be recognized as an innovator and trusted partner to leading financial institutions around the world,” said Malinger CEO of Curv.

Curv is a leading provider of cloud-based infrastructure for digital asset security based in Tel Aviv, Israel. It was founded in 2018 by CEO Itay Malinger and CTO Dan Yadlin.

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Ashish is a cryptocurrency journalist who has been passionately involved in the bitcoin space since 2016. His interests lie in bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.