PayPal is set to outrightly purchase a crypto-security firm, Curv as part of its campaign in building its crypto ecosystem.
PayPal had an addition of 16 million in net new active accounts and processed $277 billion in total payment volume.
PayPal CEO, Mr. Schulman recently hinted the company will allow the usage of crypto funding for 28 million merchants.
PayPal CEO, Dan Schulman says its clients are signing up for its crypto services at an alarming rate.
This offering was made possible through a partnership with Paxos Trust Company