Payments Giant PayPal Invests in New Crypto Wallet Software in Push for Web3 Adoption
May 31 2023 - 06:01PM
The Daily Hodl
Payments giant PayPal is investing millions into San
Francisco-based crypto wallet company Magic in its latest venture
into the digital assets space. According to Magic’s press release,
the wallet-as-a-service (WaaS) provider raised $52 million in a
strategic funding round led by PayPal Ventures. Says Alan Du, a
PayPal Ventures partner, “Mass adoption of Web3 is […]
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Payments Giant PayPal Invests in New Crypto Wallet Software in Push
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New Crypto Wallet Software in Push for Web3 Adoption
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