SPAC Foley Trasimene gains on Paysafe partnership with Coinbase

Mega-investor Bill Foley's Foley Trasimene Acquisition Corp. II (BFT), which is taking Paysafe public, rose 3.7% in premarket trading after Paysafe announced a partnership with Coinbase (COIN).Paysafe said in a statement that its Skrill digital wallet has expanded its cryptocurrency offering to the U.S. in partnership with Coinbase. The deal will see Coinbase providing a new cryptocurrency "white label solution" to Skrill.Paysafe is scheduled to present at the Cowen FinTech Bus Tour at 10:30am.Recall March 19, Paysafe announces board for post-merger public company.