From TokenPost · · 40s
PayPal Shares Drop 73% After Crypto Launch
PayPal shares fell 73% in six years after launching crypto wallet service.
In brief
PayPal shares fell 73% in six years after launching crypto wallet service. PayPal shares dropped 73% from $268.41 to $57.19 in six years after its 2020 crypto wallet launch. Originally reported by TokenPost.
PayPal Shares Drop 73% in Six Years
PayPal shares fell 73% from $268.41 to $57.19 in six years after its 2020 crypto wallet launch.
Crypto Wallet Service Launched in 2020
PayPal launched a crypto wallet service on Oct 21 2020 allowing customers to buy hold and sell bitcoin ether bitcoincash and litecoin.
Service Enabled Through Paxos Partnership
The service was enabled through a partnership with Paxos Trust Company and available to all eligible U.S. accountholders by November 12 2020.
The one thing
PayPal shares dropped 73% from $268.41 to $57.19 in six years after its 2020 crypto wallet launch.
