{"id":428124,"date":"2022-04-07T16:08:54","date_gmt":"2022-04-07T13:08:54","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bolt-to-enable-bitcoin-and-nft-access-via-wyre-acquisition\/"},"modified":"2022-04-07T16:08:54","modified_gmt":"2022-04-07T13:08:54","slug":"bolt-to-enable-bitcoin-and-nft-access-via-wyre-acquisition","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bolt-to-enable-bitcoin-and-nft-access-via-wyre-acquisition\/","title":{"rendered":"# Bolt to enable Bitcoin and NFT access via Wyre acquisition"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a352e67ddec2\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a352e67ddec2\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bolt-to-enable-bitcoin-and-nft-access-via-wyre-acquisition\/#%E2%80%9D_Bolt_to_enable_Bitcoin_and_NFT_access_via_Wyre_acquisition_%E2%80%9C\" >&#8221; Bolt to enable Bitcoin and NFT access via Wyre acquisition &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Bolt_to_enable_Bitcoin_and_NFT_access_via_Wyre_acquisition_%E2%80%9C\"><\/span>&#8221; Bolt to enable Bitcoin and NFT access via Wyre acquisition &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvYWUwYTc4ZDItZmZmYi00NmIzLTkxNWItZjY2ZWQ4OThkNmVjLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>San Francisco-based e-commerce startup Bolt is moving into cryptocurrencies and nonfungible tokens (NFTs) by acquiring fiat-to-crypto and payment infrastructure firm Wyre.<\/p>\n<p>According to a joint announcement on Thursday, Bolt has <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/bolt-to-acquire-wyre-accelerating-mainstream-adoption-of-cryptocurrency-301519888.html\">reached<\/a>\u00a0a definitive agreement to acquire Wyre, aiming to close the deal later in 2022.<\/p>\n<p>According to a report by The Wall Street Journal, the acquisition <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/crypto-startup-wyre-being-acquired-by-payments-company-bolt-for-1-5-billion-11649325602\" data-amp=\"https:\/\/www-wsj-com.cdn.ampproject.org\/c\/s\/www.wsj.com\/amp\/articles\/crypto-startup-wyre-being-acquired-by-payments-company-bolt-for-1-5-billion-11649325602\">cost<\/a> Bolt $1.5 billion. Bolt did not directly confirm or deny the size of the deal to Cointelegraph.<\/p>\n<p>Bolt and Wyre are now planning to work together to create new commerce solutions for the mainstream, including crypto usage by Bolt\u2019s global merchants, retailers, shoppers and developers. Bolt and Wyre expect to fully integrate their services before the end of the year, adding Bolt\u2019s checkout system CheckoutOS to the cryptocurrency ecosystem.<\/p>\n<p>With the ultimate goal of enabling decentralized commerce, the collaboration aims to allow Bolt\u2019s consumers to pay for goods with cryptocurrencies like Bitcoin (BTC) while providing merchants with the tools to accept crypto. The acquisition also aims to allow users to purchase NFTs through Bolt\u2019s platform through Wyre\u2019s APIs.<\/p>\n<p>According to Bolt founder and executive chairman Ryan Breslow, the acquisition of Wyre has fulfilled its long-time ambition. \u201cWhen I wrote the draft business plan for Bolt, I had always imagined cryptocurrency at its center,\u201d he said, adding:<\/p>\n<blockquote><p>\u201cThat was 2015, and the idea was a slide on a pitch deck. To think that seven years later, we&#8217;d be partnering with Wyre to make that vision a reality is incredible. This acquisition will fast-track our efforts to democratize commerce \u2014 and it will serve as a powerful proof point for the union of cryptocurrency and commerce.&#8221;<\/p><\/blockquote>\n<p>Wyre co-founder and CEO Ioannis Giannaros pointed out that the collaboration will set a \u201cnew standard and provide new opportunities at a global scale.\u201d He added, \u201cSimply put, we want to allow every retailer to transact easily in cryptocurrency, removing long-standing barriers.\u201d\u00a0<\/p>\n<p><strong><em>Related:\u00a0Galaxy Digital delays BitGo acquisition to later on in 2022<\/em><\/strong><\/p>\n<p>Founded in 2013, Wyre is a crypto-friendly payments firm that focuses on blockchain implementations to facilitate cross-border payments. Bolt, founded in 2014 by Ryan Breslow, specialize in online payments by focusing on what it calls a one-click checkout service for merchants.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bolt-to-enable-bitcoin-and-nft-access-via-wyre-acquisition\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Bolt to enable Bitcoin and NFT access via Wyre acquisition &#8220; San Francisco-based e-commerce startup Bolt is moving into cryptocurrencies and nonfungible tokens (NFTs) by acquiring fiat-to-crypto and payment infrastructure firm Wyre. According to a joint announcement on Thursday, Bolt has reached\u00a0a definitive agreement to acquire Wyre, aiming to close the deal later in&#8230;<\/p>\n","protected":false},"author":1,"featured_media":428125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvYWUwYTc4ZDItZmZmYi00NmIzLTkxNWItZjY2ZWQ4OThkNmVjLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74863,74889,127706,74355,117,77891],"class_list":["post-428124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-cryptocurrencies","tag-payments","tag-wyre","tag-adoption","tag-business","tag-e-commerce"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/428124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=428124"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/428124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/428125"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=428124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=428124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=428124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}