Modern Treasury has acquired stablecoin startup Beam for approximately $40 million. This acquisition is part of Modern Treasury’s strategy to expand its offerings in the digital currency space. Beam is known for its innovative approach to stablecoin technology, which aligns with Modern Treasury’s goals. The integration of Beam’s capabilities is expected to enhance Modern Treasury’s services and provide additional value to its clients. This move reflects the growing interest in stablecoins and their potential impact on the financial landscape.
