ChainCatcher reports that, according to CoinDesk, American financial giant Capital One has agreed to acquire fintech startup Brex for $5.15 billion. The transaction will be paid 50% in cash and 50% in stock.
Founded in 2017, Brex primarily provides corporate credit cards and cash management tools for startups and large enterprises. The company announced plans in September 2025 to launch a native stablecoin payment feature, aiming to become the first global corporate card platform supporting instant balance payments using stablecoins.
This acquisition will give Capital One a foothold in emerging payment technologies and integrate Brex into the mainstream banking system. Several blockchain companies, including Figure, Solana, and Alchemy, have joined the waiting list for Brex’s stablecoin products.
After the acquisition is completed, Brex will be integrated into Capital One’s commercial banking and payments business.
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