My theory is that if it works well they are just going to fully take over the crypto businesses and absorb them. If it does not then nothing lost. Wonder what everyone else is thinking.
Agree with you here. Why spend millions building their own bitcoin division from scratch, hiring people, building infrastructure, making partnerships with blockchain analysis companies and exchanges, and all the rest of it, unless you are absolutely sure this is the future direction of your company. They want to keep their finger in every pie so they are always relevant, and this is the easy way of doing it. If it turns out that bitcoin payments become a significant part of their business, then they'll bring everything in house at that point, either by building their own system or just buying out their payment processor.
Same kind of thing when Coinbase partnered with Neutrino for blockchain analysis, and then just bought them out and turned them in to Coinbase Analytics. Mastercard also bought CipherTrace recently.
(lets keep the BitPay sucks / Bakkt sucks out of the thread please and thank you)
You could just have said "STFU Leo"