On October 21, 2024, financial infrastructure platform Stripe confirmed that it is acquiring stablecoin infrastructure provider Bridge. Wilson Sonsini Goodrich & Rosati advised Stripe on the transaction.
“Stablecoins are room-temperature superconductors for financial services. Thanks to stablecoins, businesses around the world will benefit from significant speed, coverage, and cost improvements in the coming years. Stripe is going to build the world’s best stablecoin infrastructure, and, to that end, we are delighted to welcome Bridge to Stripe,” wrote Stripe CEO Patrick Collison on X.
The transaction, which is subject to regulatory approvals and other closing conditions, is expected to close in the coming months.
The Wilson Sonsini team that advised Stripe on the transaction includes:
Corporate/M&A
Martin Korman
Becki DeGraw
Douglas Schnell
Remi Korenblit
Broderick Henry
Ross Tanaka
Eric Chang
Sasha Bobrowicz
Christopher Philogene
Technology Transactions
Christopher Paniewski
Sean Withall
Barclay Oudersluys
Kristin Bradley
Waen Yoon
Graham Hendrick
Stephanie Stark
Employee Benefits and Compensation
Brandon Gantus
Matthew Norgard
Kristen Stidham
Fintech and Financial Services
Jess Cheng
Amy Caiazza
Data, Privacy, and Cybersecurity
Matthew Staples
Daniel Chen
Dantam Le
Chany Kim
Employment Law
Matt Gorman
Quinn Christie
Tax
Myra Sutanto Shen
Jason Sacks
Anjali Krishnan
Antitrust and Competition
Jamillia Ferris
Matthew McDonald
Kimberley Biagioli
National Security
Stephen Heifetz
Grace Beck
Export Control
Anne Seymour
Kara Millard
For more information, please see coverage in Ledger Insights, CoinDesk, and Payments Dive.