Stripe Acquires Valora Team, Boosts Crypto Initiatives
Update: 2025-12-11
Description
Stripe Acquires Valora Team, Expands Crypto Initiatives; Valora App Transitions to cLabsPayments giant Stripe has acquired the team behind the crypto wallet app, Valora, marking another significant step in its blockchain journey. The Valora team, known for their expertise in WebThree and user-friendly mobile apps, will now join Stripe to work on various crypto projects. The Valora app itself will transition to cLabs for future development and operations. This acquisition comes just one day after Stripe launched the testnet for its stablecoin-focused blockchain project, Tempo, which already boasts a five billion dollar pre-launch valuation.
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