Stripe Acqui-Hires Crypto Payments Startup Valora, Venturing Further Into Stablecoins
The team behind the Celo-based app is joining Stripe, while the intellectual property is returned to cLabs.

What to know:
- The team behind Valora, a crypto payments app, is joining Stripe to advance its blockchain and stablecoin integration.
- Stripe recently acquired crypto firms Bridge and Privy, and is developing with Paradigm the Tempo blockchain for stablecoin payments.
- Valora, built on the Celo network, became a standalone company in 2021 after raising $20 million.
The team behind crypto payments app Valora is joining Stripe as the payments giant increasingly expands into blockchain tech and stablecoins, Valora founder Jackie Bona said in a Wednesday blog post.
"We’ve seen firsthand how access to stablecoins and crypto rails can expand economic opportunity," Bona said. "In the past few months, it became clear that we could accelerate this mission by joining Stripe, one of the world’s leading financial infrastructure platforms."
Valora is a mobile-focused crypto payments app built on top of the
A Stripe spokesperson has confirmed the news to CoinDesk, adding that the Valora "team’s experience in crypto wallet infrastructure and onchain developer tools brings valuable expertise to our ongoing crypto efforts."
The news follows on the heels of Stripe's recent efforts to incorporate crypto rails to its payment capabilities, as stablecoins are becoming popular cross-border payment tools. The company recently acquired stablecoin infrastructure firm Bridge and wallet app Privy. It also developed (in conjunction with crypto investment firm Paradigm) a payment-focused blockchain called Tempo, designed for stablecoin payments. Tempo is already in a test phase.
Read more: Why Circle and Stripe (And Many Others) Are Launching Their Own Blockchains
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Wall Street giant Apollo deepens crypto push with Morpho token deal

The asset manager overseeing more than $900 billion assets may buy up to 90 million MORPHO tokens as part of a partnership to support DeFi credit market, it said.
What to know:
- Apollo Global Management struck a cooperation agreement to support lending markets built on Morpho’s onchain protocol.
- The deal allows Apollo to acquire up to 90 million MORPHO tokens over 48 months.
- The move follows BlackRock's push into decentralized finance earlier this week, listing its tokenized fund and buying tokens of decentralized exchange Uniswap.












