Circle agrees to acquire Singapore payments firm Tazapay for ~$400M
Circle has agreed to acquire Singapore-based cross-border B2B payments company Tazapay Pte. Ltd. for approximately $400 million in Circle Class A common stock, per an SEC filing showing a September 4 equity purchase agreement through subsidiary Taurus Acquisition. The deal adds over $25 billion in annualized payment volume and expands USDC-powered cross-border payments, with closing expected in 2027.
Detected & updated continuously · Source: Nebula
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@Crypto_Briefing
💥 NEW: Circle has agreed to acquire Singapore-based Tazapay, adding $25 billion in payment volume and expanding USDC-powered cross-border payments. https://t.co/VXEuVGk3vL
@TheMoonShow
JUST IN: Circle is expanding deeper into global payments, signing a deal to acquire Singapore-based B2B payments infrastructure company Tazapay. https://t.co/bovLYqEY3e
@wublockchain12
吴说获悉，Circle 向美国 SEC 提交的文件显示，公司于 9 月 4 日签署股权购买协议，拟通过旗下 Taurus Acquisition 收购新加坡支付公司 Tazapay Pte. Ltd. 的全部流通股，交易总对价约 4 亿美元，将以 Circle A 类普通股支付。具体发行股数将根据交易完成前 20 个交易日 Circle
@blckchaindaily
🚨 CIRCLE $CRCL TO ACQUIRE SINGAPORE CROSS-BORDER PAYMENTS FIRM TAZAPAY, PROCESSING $25B+ ANNUALIZED VOLUME; TERMS NOT DISCLOSED, CLOSING EXPECTED 2027