Stripe Acquires Crypto Wallet Infrastructure Startup Privy
Posted On June 11, 2025
Stripe, one of the world’s leading payment service providers, on Wednesday announced that it will acquire Privy, a crypto wallet infrastructure startup, in a move to deepen its push into crypto and streamline digital value transfer.
What Happened: The deal is expected to close in the coming weeks.
Despite the acquisition, Privy will remain an independent product, continuing to serve its ecosystem while gaining from Stripe’s speed, reliability, and resources.
Founded three years ago, Privy currently powers more …
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