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Stripe acquires crypto wallet provider Privy
Privy says that it will remain an “independent product” but will operate under Stripe’s umbrella. It will “move faster, ship more, and serve you even better, so you can stay focused on your users.” The amount was not immediately disclosed. Stripe didn’t immediately return a request for comment. Bloomberg first reported the news. “From our earliest conversations with Stripe, they impressed us with their craft, ambition, and willingness to imagine new worlds,” Privy said in a post. “Like us, they believe in bringing crypto and fiat closer together to change how value moves through the Internet.” The ... (full story)
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