TechFlow News, February 10: According to Cointelegraph, YouTube creator MrBeast (Jimmy Donaldson)’s company Beast Industries has announced the acquisition of Step, a mobile banking app targeting teenagers, marking its official entry into the financial sector. Since its founding in 2018, Step has attracted 6.5 million users and previously raised approximately $500 million in funding. This move aligns with MrBeast’s trademark application for “MrBeast Financial” filed last October, which specifically references “cryptocurrency trading services.” In January this year, Beast Industries also secured a $200 million strategic investment from BitMine, an Ethereum treasury management firm. The acquisition amount has not been disclosed.
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