Sublime

Stripe recently announced its acquisition of Bridge, a stablecoin payments platform, in a landmark $1.1 billion deal. This acquisition, Stripe's largest to date, positions the fintech giant to expand its services into crypto, offering businesses streamlined access to stablecoin infrastructure for global transactions. By integrating Bridge’s banking... See more

The current path forward is that the VC fund will attempt to buy “tokens at a discount” from a DAO. This is what a16z did with Maker, what a16z did with Solana, and what Sushi is considering doing now.