Paypal's Latest Report: $1 Billion in Crypto Assets, Holdings Are Predominantly BTC and ETH
May 11, 2023
Payments behemoth Paypal has disclosed in a Form 10-Q financial report filed with the U.S. Securities and Exchange Commission (SEC) that it is holding nearly $1 billion in cryptocurrency assets. This news comes on the heels of Paypal’s announcement that Venmo now facilitates external transfers of cryptocurrencies to wallets and exchange platforms.
Paypal’s Crypto Holdings Increase in Value…