The Canadian e-commerce giant Shopify, the second most valuable company in the country's stock market, recently announced a partnership with the cryptocurrency payment processor CoinPayments.

As part of the agreement, the Shopify platform will include a payment option with CoinPayments for all of its merchants.

In his statement, CoinPayments CEO Jason Butcher said the rapprochement between the two companies was "unstoppable" while saying it reflected the future of transactions: As leaders in e-commerce and crypto payments, our combined expertise reflects the future of business transactions. 

Similar growth to Shopify Bitcoin     

Shopify, the Ottawa-based competitor to Amazon, has a market cap of $ 82.20 billion.

Over the past five years, its stock has soared by 2,602%. For comparison, Bitcoin has increased by 4,045% over the same period.   

Like BTC , the Shopify rally was driven mainly by millennials who were less conservative about their investment choices compared to older generations. 

Shopify (NYSE: SHOP) shares are currently up 1.66%, near their all-time high of $ 767.

Join the Facebook Libra Association

Before activating cryptographic payments on its platform, Shopify joined the Libra Association of Facebook in February to improve Internet commerce: As a member of the Libra Association, we will work collectively to build a payment network that facilitates access to money and supports merchants and consumers around the world.

After the exodus of prestigious members such as Visa and eBay, Facebook launched a watered-down version of its cryptocurrency in April to appease regulators.