After investing $200 million in BitMine, MrBeast acquired the banking app Step targeting young people.

SmartContractAuditor · 2026-02-10T00:29:46+00:00

Beast Industries has acquired the mobile banking app Step, aiming to expand financial services. Step has 7 million users and previously raised $500 million. This move will leverage technology to improve users' financial health while exploring DeFi feature integration.

SmartContractAuditor

2026-02-10 00:29:46

Abstract generation in progress

Odaily Planet Daily News reports that Beast Industries has announced its acquisition of the mobile banking app Step, targeting teenagers and young adults, to expand its presence in the financial services sector. Step currently has over 7 million users and has raised approximately $500 million from investors including Stephen Curry and Justin Timberlake. Beast Industries CEO Jeff Housenbold stated that this acquisition will leverage technology-driven solutions to enhance the financial health of its audience. Previously, Ethereum vault company BitMine Immersion Technologies invested $200 million in Beast Industries in January, and the two parties are exploring the integration of DeFi features into financial platforms. Additionally, Beast Holdings filed a trademark application for MrBeast Financial in October, covering services such as cryptocurrency trading and payment processing. (Cointelegraph)

ETH-1,44%

DEFI-2,22%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.