Yellow Card Buys Brazil’s GoMoney to Own the Pix-to-Stablecoin Leg
Photo: Blockchain Reporter
Yellow Card completed its purchase of GoMoney in October and confirmed it on Wednesday, Nov. 4. The Atlanta-based stablecoin payments firm now owns a São Paulo virtual asset provider outright: Pix collections and payouts in reais on one side, settlement in stablecoins on the other, plugged into the treasury and liquidity plumbing Yellow Card already runs in more than 50 currencies. The price was not disclosed, and neither side put a number on GoMoney’s volume. The number that explains why the deal happened came from Chainalysis instead.
Source: Blockchain Reporter
