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Stripe is in talks to acquire PayPal, with a transaction valuation potentially reaching $53 billion

According to Techcrunch, acquisition negotiations between payment giant PayPal and Stripe, along with private equity firm Advent Global Opportunities, are heating up, and a deal may be reached in the coming weeks.In July, Stripe and Advent proposed to acquire PayPal for $60.50 per share, with a total transaction valuation of approximately $53 billion, but PayPal did not accept the offer at that time. However, insiders revealed that the negotiations have not been interrupted and are still ongoing.Neither PayPal nor Stripe has confirmed the related news. PayPal declined to comment, while Stripe stated that it would not respond to market rumors or speculation.This potential sale comes as PayPal seeks to reverse its growth challenges. After taking office in March this year, PayPal CEO Enrique Lores launched a restructuring plan that splits the business into three main areas: payment checkout and PayPal business, consumer financial services (including Venmo), and payment services and cryptocurrency business.Lores previously stated that PayPal would return to its identity as a technology company and strengthen its core payment capabilities. At the same time, the company plans to improve efficiency by cutting costs, with layoffs expected to reach 20% over the next two to three years.Founded in 1998, PayPal's founding team includes well-known Silicon Valley figures such as Peter Thiel, Elon Musk, and Max Levchin. The company experienced rapid growth during the e-commerce boom during the pandemic but has faced challenges such as slowing growth and pressure on its stock price in recent years. If the deal is finalized, it will become one of the largest acquisitions in the fintech industry in recent years.

first_img Data: The trading volume of Robinhood Chain DEX has dropped by 72% since its peak, but both the number of transactions and deposits have reached all-time highs

According to The Defiant, the DEX trading volume of Robinhood Chain peaked on July 11 and dropped by 72.5% by August 1, with daily trading volume decreasing from approximately $878 million to $241 million. During the same period, the number of transactions, total locked value, and stablecoin supply on the chain all reached historical highs. The global DEX trading volume share of the chain fell from a peak of 16.65% to 4.32% on August 2, while the overall DEX trading volume across the chain increased, indicating that this decline is a phenomenon specific to Robinhood Chain rather than a market-wide drop.The report states that on August 5, the number of transactions on the chain reached a historical high of 13.3 million, with total locked value reaching $433 million on August 6 and stablecoin supply reaching $597 million. However, the DEX trading volume per transaction dropped from $105.56 on July 13 to $27.82 on August 4, a decrease of 74%, indicating that while on-chain activity is more frequent, the value per transaction has significantly decreased. This divergence stems from the concentration of locked value in lending protocols like Morpho rather than DEX liquidity. Currently, there are 19 incentive activities on the chain that distribute approximately $58,000 daily, with 92% directed towards deposit users and only about $4,543 allocated for trading liquidity.
2026-08-07
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