PayPal Is In Talks With BitGo!

PayPal Is In Talks With BitGo! PayPal is in talks with BitGo! PayPal is said to be in purchase talks with cryptocurrency companies. PayPal, which heralded the cryptocurrency trading service on Thursday, is now negotiating purchases with cryptocurrency companies. According to the news in Bloomberg, popular payment platform PayPal is holding negotiations with crypto money companies for purchase purposes. It was stated that the giant payment platform met with BitGo, which has been operating for a long time, but the meeting has not yet come to a conclusion. On the other hand, it is said that PayPal can abandon this purchase and talk to other cryptocurrency companies. While BitGo is reluctant to answer questions about the talks, PayPal's statement to The Block said, "We cannot comment on rumors or speculation."   What is BitGo? Opening in 2011, the company offers cryptocurrency lending and trading, as well as custody services. The company has giant investors in its portfolio, such as the Founders Fund founded by PayPal's co-founder, famous investor Michael Novogratz, US banking giant Goldman Sachs, and Digital Currency Group, one of the largest investment companies in the cryptocurrency space. The markets share the view that BitGo, which has been in the cryptocurrency industry for a long time, will be a good buy for PayPal.