# PayPal Shares Drop 73% After Crypto Launch

> PayPal shares fell 73% in six years after launching crypto wallet service.
- Title: PayPal Shares Drop 73% After Crypto Launch · TokenPost
- Summary: 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…
- Keywords: paypal, crypto, shares, stock, wallet, bitcoin, ether, bitcoincash, litecoin, paxos, merchants, finance
- Source: TokenPost — https://tokenpost.com/news/investing/37179
- Published: 2026-10-21T23:44:21+00:00
- Read time: 1 min
- Topics: paypal, crypto, shares, stock, wallet, bitcoin, ether, bitcoincash, litecoin, paxos, merchants, finance
## 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.
## Key takeaway

PayPal shares dropped 73% from $268.41 to $57.19 in six years after its 2020 crypto wallet launch.