Today, digital payments giant PayPal announced the acquisition of Curv, a digital asset security infrastructure and custody company based in Tel Aviv, Israel.

The acquisition of Curv, founded in 2018, should help the company’s security as it allows customers to buy, sell and hold cryptocurrencies directly on the platform, an addition of services announced in October 2020.

“As a pioneer in security infrastructure for digital assets, Curv is proud to be recognized as an innovator and trusted partner to leading financial institutions around the world,” Curv CEO Itay Malinger said in a PayPal announcement. “Now, as the adoption of digital assets accelerates, we feel there’s no better home than PayPal to continue our journey of innovation. We’re excited to join PayPal in expanding the role these assets play in the global economy.”

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