Acquisition

According to TechCrunch founder Michael Arrington, Stripe has finalized negotiations to acquire the stablecoin platform Bridge for $1.1 billion, after initially being discussed for $1 billion. 
Bridge first announced its investment from 1confirmation in 2022 and, in August 2024, raised $58 million at a $200 million valuation from Haun Ventures, Sequoia Capital, Ribbit Capital, and Index Ventures. 
This acquisition marks the largest known deal in the crypto industry to date, surpassing Galaxy Digital’s attempted $1.2 billion acquisition of BitGo, which ultimately fell through.
This acquisition marks the largest completed deal in the crypto industry to date. Previously, the largest known acquisition attempt was Galaxy Digital’s $1.2 billion bid for BitGo, but that deal was never finalized.
Unveiling Bridge
It’s hard to imagine how Bridge, a stablecoin platform, could fetch such a high acquisition price based solely on social media buzz. However, upon closer inspection, Bridge’s potential becomes evident.
Co-founded by Zach Abrams and Sean Yu, Bridge helps businesses accept stablecoin payments through a suite of tools like APIs, enabling seamless conversion between fiat and stablecoins, cross-border payments, and even allowing companies to issue their own stablecoins.

Compared to traditional systems like SWIFT, Bridge offers faster, cheaper, and more transparent transactions. Since its launch, Bridge has processed over $5 billion annually.
Broad Recognition
“If only one stablecoin existed on a single blockchain, there would be no need for Bridge. Its value lies in enabling seamless conversion between fiat and stablecoins, and facilitating movement across different blockchains,” said Chris Ahn, partner at Haun Ventures, in an interview with Fortune.
Matt Huang, co-founder of Paradigm, commented on X, saying, “Stablecoins are the next killer app in crypto. It’s obvious to everyone in the space, though less so to outsiders. Congratulations to Stripe and Bridge.”
Shaun Maguire and Josephine Chen from Sequoia Capital, in their article Partnering with Bridge: A Better Way to Move Money, highlighted the impressive active user base and transaction volume in the stablecoin market. They recognized Bridge’s significant advantages over traditional payment systems, including the enthusiasm and insight of the team. Additionally, they emphasized the project’s maturity in regulatory compliance, further solidifying its position as a leading player in the payment solutions space.

#acquisition #bridge #Stripe #WikiBitnews

Recently, Donald Trump drew global attention by imposing reciprocal tariffs on countries globally. Renewed trade tariffs by President Trump on Chinese imports have been much more severe than expected.
Now, several top Chinese tech giants are reportedly planning to acquire Hollywood.ai amid the ongoing tariff war between the U.S. and China. 
Sheeraz Hasan is an international entertainment strategist who founded Hollywood.ai and turned it into a prominent AI-powered media platform.  
Chinese Tech Giants Showing Interest in Acquiring Hollywood.ai
China has imposed a 125% tariff on U.S. goods, but a more calculated strategy could benefit the top Asian economy. It might be striving to influence digital media by acquiring and controlling a platform, quickly reshaping the entertainment infrastructure in Hollywood. 
Hollywood.ai is that platform, emerging as one of the leading AI brands in the global entertainment industry. It gained fame for driving digital visibility, content virality, and creator discovery on all major platforms. 
Fame King Sheeraz Hasan founded this platform. This platform has gained fame as a perfect blend of entertainment and technology. Moreover, it powers studios, creators, and brands by offering data-driven solutions.
Drawing Multi-Million-Dollar Proposals from Top-Level Chinese Companies
Hollywood.ai reportedly has drawn several multi-million-dollar proposals from the top Chinese firms. Many consider it an unmissable deal for Chinese firms, and one of them might grab it. 
Industry experts believe it can have the same influence as ByteDance did through TikTok if the deal goes through. It could provide the acquiring Chinese firm with a major influence over AI-generated media and Western culture.
This AI-powered platform can draw many emerging and existing stars from Hollywood who value the solutions Hollywood.ai provides. It could help Chinese owners influence those celebs if they finalize the deal with the platform’s creator, Sheeraz Hasan. 
The AI content industry might exceed $200 billion in value, and Hollywood.ai can offer an easy entry into the American entertainment landscape. This platform offers media tools and data infrastructure, which can transform the way people engage, consume, and interact with content across the globe. 
According to analysts, the action taken by Chinese firms indicates the beginning of a new global power race. That race doesn’t focus on trade or land but on algorithmic control, storytelling, and entertainment sovereignty. 
#Hollywoodai #SheerazHasan #TradeTariffs #DonaldTrump #Acquisition

U.S. President Donald Trump wreaked havoc on countries after imposing trade tariffs globally. Now, traditional and crypto markets are impacted by the tariffs coming into effect. 
Different countries started planning their responses, including India. It goes beyond conventional trade measures, and Bollywood.ai appears to be at the forefront of that shift.
This AI-driven entertainment platform is founded by media strategist Sheeraz Hasan. Now, Sheeraz's Bollywood.ai has entered high-level acquisition discussions.  
About Bollywood.ai
Bollywood.ai is the leading AI-powered entertainment platform. Sheeraz Hasan, the Fame King, has developed this platform and positioned it as one of India’s top AI brands.  
His company, FAME, has been instrumental in helping multiple brands and personalities achieve fame and success for over two decades.
FAME features numerous success stories, including those of Hollywood A-listers such as Paris Hilton, Priyanka Chopra, Jennifer Lopez, and Kim Kardashian.
Now, Bollywood.ai has entered high-level acquisition discussions with some of the country’s leading telecom, technology, and media conglomerates.
Bollywood.ai As A Critical Digital Asset
Sheeraz Hasan created Bollywood.ai to revolutionize the way movies are made, promoted, and consumed across the globe. This platform became famous for driving digital virality, amplifying celebrity visibility on various digital platforms, and shaping search trends. 
This cutting-edge platform’s influence has grown far beyond the Indian subcontinent. It became a prominent AI-powered entertainment platform in Dubai, Mumbai, London, and Johannesburg.
This platform is emerging as a critical digital asset, which aligns with India's goals of improving its presence in the global entertainment and technology industries.
After a potential acquisition, it can be India’s counter to the historical dominance Hollywood has established in global media. It could help the new owners expand their reach with its innovative features.
There are several negotiations taking place for the acquisition of Bollywood.ai, which are led by investment groups affiliated with top OTT platforms and Bollywood studios. Those negotiators wish to establish Bollywood.ai as the cornerstone of the entertainment-tech ecosystem in India. 
Sheeraz Hasan Has 100% Control Of Bollywood.ai
Bollywood.ai continues to draw acquisition interest, but Sheeraz Hasan still has complete control of this platform. He has not entered into any binding agreement. A reliable source has shared: 
“Sheeraz Hasan remains the world’s leading FAME strategist, and while interest in Bollywood.ai grows exponentially, ownership remains firmly in his hands at this stage.”
Many industry analysts are paying close attention to developments because the acquisition deal could greatly impact where India’s entertainment sector moves. It could also be a turning point in the global AI media landscape. 
#Bollywoodai #SheerazHasan #TradeTariffs #DonaldTrump #Acquisition