PayPal Is Buying Cryptocurrency Secure-Storage Provider Curv, Report Says

PayPal (NASDAQ: PYPL) is working on a deal to buy digital-asset security company Curv, according to a report from Israeli news site Calcalist (via CoinDesk). The company, which specializes in the custody and secure storage of cryptocurrency, is expected to fetch a price in the hundreds of millions of dollars, the report said. Curv describes itself as "a cloud-based wallet that gives you bulletproof protection, instant availability and total autonomy over all your digital assets, powered by revolutionary cryptography."