- California-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre.
- A definitive agreement to acquire Wyre for a reported $1.5 billion was announced by the e-commerce platform in early April.
- It was established in 2013 and like Bolt, which was founded a year later, is headquartered in San Francisco.
Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre
