PayPal-backed Mintoak strikes India's first e-rupee related deal, worth $3.5 million, sources say
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Mintoak, an Indian startup backed by PayPal, has acquired Digiledge for $3.5 million, marking the first acquisition in the central bank digital currency space.
March 03, 2025 | 7:00 pm
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PayPal-backed Mintoak has made a significant acquisition in the digital currency space by purchasing Digiledge for $3.5 million.
The acquisition by Mintoak, a company backed by PayPal, indicates PayPal's strategic interest in the digital currency space. This could positively impact PayPal's stock as it aligns with future growth in fintech.
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