Paypal bought a CURV digital assets storage service.

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PayPal has confirmed the fact of acquiring CURV cryptocastal service.

Legal and financial aspects of the transaction must be agreed in the first half of this year. Companies did not disclose the amount of sale, but according to experts, we are currently about $ 200 million.

According to Vice-President Paypal José Fernandez da Ponte, the Israeli CURV platform was acquired as part of the integration plan for digital assets in the payment infrastructure.

PayPal added support for cryptocurrency in its payment system in October 2020 and since then has been actively looking for a suitable custodial service. In the fall of the company

Currently, CURV provides services to a number of major European cryptophirs, among which Etoro and Falconx. This opens the payment giant direct access to the EU market.

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