The post Modern Treasury Buys Stablecoin Firm Beam in $40M All-Stock Deal appeared on BitcoinEthereumNews.com.

TLDR Modern Treasury has acquired stablecoin startup Beam in an all-stock deal worth $40 million. Beam was founded in 2022 and provides plug-and-play stablecoin infrastructure for banks and corporations. Beam’s founder Dan Mottice will join Modern Treasury to lead its stablecoin adoption efforts. The acquisition aligns with Modern Treasury’s strategy to expand into blockchain-enabled enterprise payments. Salesforce Ventures is one of Modern Treasury’s key investors and continues to support its fintech growth. Modern Treasury has acquired stablecoin infrastructure firm Beam in an all-stock deal valued at $40 million. The acquisition marks a major shift for Modern Treasury as it enters the stablecoin sector. Beam’s founder, Dan Mottice, will join the company to lead its stablecoin expansion strategy. Beam Acquisition Expands Modern Treasury’s Blockchain Capabilities Modern Treasury, known for streamlining payment operations, is now adding stablecoin technology to its platform. Beam, founded in 2022, offers a plug-and-play solution for banks and businesses to integrate stablecoins. The startup previously raised $14 million and had a valuation of approximately $44 million. The move follows an industry-wide trend of integrating stablecoin technology into enterprise payment systems. “Beam’s technology fits perfectly into our roadmap for faster and more programmable payments,” said a Modern Treasury executive. The acquisition enhances the company’s treasury infrastructure, especially as interest in blockchain payments continues to grow. Salesforce-backed Modern Treasury aims to support dollar-pegged tokens more efficiently across its banking partners. Beam recently joined the Global Dollar Network, which includes companies like Paxos and Kraken. This consortium is building the USDG stablecoin to boost stablecoin adoption globally. Fintech Firms Intensify Stablecoin M&A Amid Regulatory Clarity Stripe also entered the stablecoin space by acquiring Bridge for $1.1 billion to build its Tempo blockchain. Meanwhile, Coinbase and Mastercard are reportedly bidding to acquire BVNK in a multi-billion-dollar contest. Just this week, Coinbase acquired…

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Filed under: News - @ October 23, 2025 1:27 am