Stripe to acquire crypto wallet startup Privy: report
Stripe has agreed to acquire Privy, a crypto wallet infrastructure startup, as part of its broader push into digital assets, according to Bloomberg reporting.
The deal comes weeks after Stripe’s $1.1 billion acquisition of stablecoin platform Bridge. Financial terms of the Privy transaction were not disclosed, according to Bloomberg.
Founded in 2021, Privy enables companies to integrate crypto wallets directly into their platforms. Its clients include NFT marketplace OpenSea, loyalty platform Blackbird, and global employment firm Toku.
By removing the need for external wallet setups, Privy aims to reduce friction for new crypto users. The startup was last valued at $230 million in March 2025.
“Wallets…
