
Tasia
shared a link post in group #Crypto
Stripe snaps up Privy: Stripe has snapped up Privy, a three-year old startup building #Crypto wallet products. The context here is Stripe’s push into the stablecoin space; a reasonable move given that stables unlock payments in more places, and Stripe makes its bread by securing a cut of global digital transaction volume. Well, if you’re going to do stables, you had best have a crypto wallet service too, yeah? Privy may have cost a pretty penny to boot, having raised a $15 million round just a few months back.
https://www.bloomberg.com..

www.bloomberg.com
Payment Company Stripe to Acquire Crypto Wallet Provider Privy
Stripe Inc. agreed to acquire crypto wallet provider Privy, building on the payment company’s recent acquisition of stablecoin infrastructure firm Bridge.