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PayPal’s custodian of crypto funds, itBit, traded over $2.1 billion worth of Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and PAX in May, according to data provided by analytics tool Nomics.Owned by Paxos, itBit is a crypto exchange that provides liquidity for PayPal, a US company operating an online payments system that entered into the crypto market in October 2020.Daily … [Read more...] about PayPal processed nearly $2 billion worth of Bitcoin, Ethereum, and Litecoin trades in May