Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre – Bitcoin News

Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre – Bitcoin News

September 10, 2022 by secret
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[ad_1] California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes amid plunging valuations in the crypto and fintech sectors. Bolt Gives Up Plan for $1.5 Billion Wyre Acquisition Bolt Financial, a U.S. technology company