Lloyds Bank acquires cryptocurrency wallet Curve for $157.8 million
The UK's largest retail bank, Lloyds Banking Group, has signed an agreement to acquire digital wallet provider Curve for £120 million (approximately $157.8 million). Curve has confirmed that it has completed the share sale agreement, but the sale valuation is significantly lower than previous funding levels, causing dissatisfaction among early shareholders. Curve has raised over £250 million in total funding, and its CEO has warned that if the sale is not completed, the company could run out of cash by 2025. This acquisition of a cryptocurrency wallet platform by a traditional bank highlights the willingness of financial institutions to invest in digital asset infrastructure. #币安区块链周 ,#美SEC推动加密创新监管
