FILE PHOTO: FILE PHOTO: Illumination of the stock graph is seen on the representations of virtual currency Bitcoin in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/File Photo
NEW YORK (Reuters) - Fireblocks, an infrastructure provider for cryptocurrencies, has acquired First Digital, a stablecoin and digital asset payments technology platform.
Fireblocks and First Digital said on Wednesday they had reached a cash and equity deal, without disclosing financial details, but two sources close to the deal said the purchase price was $100 million.
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