Payment company Modern Treasury acquires stablecoin startup Beam for $40 million
Oct 22, 2025 21:02:48
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ChainCatcher news, payment company Modern Treasury announced the acquisition of stablecoin startup Beam for $40 million. According to a source familiar with the matter, this acquisition is an all-stock deal. Beam, founded in 2022, provides software for banks and other businesses to send and receive stablecoins (i.e., cryptocurrencies pegged to underlying assets like the dollar).
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