Big Banks Go Stablecoins: Capital One Buys Brex For $5.15 Billion

Reports say Capital One will buy stablecoin fintech Brex for $5.15 billion in a deal that mixes cash and stock. According to the bank’s release, roughly half of the price will be paid in cash and t...

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Big Banks Go Stablecoins: Capital One Buys Brex For $5.15 Billion

Source: Bitcoinist.com

Reports say Capital One will buy stablecoin fintech Brex for $5.15 billion in a deal that mixes cash and stock. According to the bank’s release, roughly half of the price will be paid in cash and the other half in Capital One stock. Related Reading: Iran Turns To USDT, Acquiring $507 Million To Defend Its […]