CRVUSDT Lloyds Banking Group has signed a £120m deal to acquire digital wallet provider Curve, with a formal announcement expected next week. The valuation—far below Curve’s past fundraising—sparked backlash from early investors, including major shareholder IDC Ventures, which opposes the sale and is considering legal action. Curve has raised over £250m, and its CEO warned the firm could run out of cash this year without a takeover.
CRVUSDT one of the few projects that have an actual use. I’m surprised this didn’t take off when AAVE went bonkers. This will see all time highs again in the next year.