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PayPal explores crypto takeovers including Goldman-backed startup BitGo, report says - Building Online Business
Igor Golovniov/SOPA Images/LightRocket via Getty Images PayPal is exploring crypto takeovers including a Goldman-backed startup BitGo, according to a Bloomberg report.No deal has been finalized yet, and talks could still fall through as PayPal may seek other targets, the news agency reported.BitGo, which offers cryptocurrency wallets, runs on multisignature technology, meaning transactions can be executed by providing a collection of signatures for added security.PayPal only recently announced it would let users buy, sell, and hold cryptocurrencies on its network. Customers will be able to use digital currencies for payments at 26 million merchants beginning early 2021.Visit Business Insider’s homepage for
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