One-click checkout company Bolt is no longer acquiring Wyre, the crypto payments company that it had agreed to buy for about $1.5 billion back in April.
One-click checkout company Bolt is no longer acquiring Wyre, the crypto payments company that it had agreed to buy for about $: The deal was considered the largest non-SPAC acquisition of a crypto company when it was announced.Driving the news
: "Bolt and Wyre have mutually agreed to continue their partnership as independent businesses," the companies said in a statement. "Operating as independent organizations while remaining partners will allow both parties to focus on their respective core competencies to deliver value to customers."But investors have grown wary of Bolt's lofty $11 billion valuation amid a broader fintech selloff and rising doubts about the health of the