This is a segment from The Drop newsletter. To read full editions, subscribe.Wallet provider Privy is under the hood of a lot of your favorite crypto platforms, like OpenSea, Pumpfun,…
Key Points:Stripe has acquired Privy, further advancing Web3 capabilities in payments.Privy will operate independently post-acquisition by Stripe.The acquisition enhances crypto wallet integration for Web3 services.
Stripe and Privy have announced an…
Today, Stripe Inc. announced that it has acquired Bitcoin and crypto wallet infrastructure provider Privy, marking its second major digital asset focused acquisition following its $1.1 billion purchase of stablecoin…
In brief
Payments giant Stripe is set to acquire crypto infrastructure firm Privy.
Privy provides embedded wallet technology for crypto apps like Pump.fun and OpenSea.
This marks the second major crypto…
Stripe is acquiring Privy, a crypto wallet provider. Privy says that it will remain an “independent product” but will operate under Stripe’s umbrella. It will “move faster, ship more, and serve…