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⛓️ Crypto🟢 BullishImportance 6/10

Payments Processor Stripe Acquihires PartyDAO Team

Bankless| Jack Inabinet ||8 views
🤖AI Summary

Payments giant Stripe has acquihired the team behind PartyDAO, a decentralized autonomous organization focused on group coordination and fundraising tools. The acquisition suggests Stripe is continuing to build crypto and web3 capabilities by bringing experienced blockchain developers in-house.

Key Takeaways
  • Stripe has acquihired the entire PartyDAO team in a talent acquisition move.
  • PartyDAO was known for building tools for group coordination and collective fundraising in web3.
  • The acquisition indicates Stripe's continued investment in cryptocurrency and blockchain talent.
  • PartyDAO's product appears to be winding down as the team transitions to Stripe.
  • This represents another major fintech company absorbing web3 talent and expertise.
Read Original →via Bankless
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