Payment giant Stripe to buy crypto wallet firm Privy

Description

Major payments firm Stripe has agreed to purchase the crypto wallet firm Privy, according to a post to social media on Wednesday. The terms of the deal have not been disclosed.

Authors

RT Watson

Publish date

June 11, 2025

Publisher

The Block

Web URL

https://www.theblock.co/post/357803/payment-giant-stripe-to-buy-crypto-wallet-firm-privy-report

Referenced by

The fintech acquiring additional technology aimed at growing its footprint in digital assets coincides with a wave of traditional banks and financial institutions pursuing crypto-related ventures with a specific interest in U.S. dollar-pegged stablecoins.

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Stripe acquires Privy

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News story

Stripe is one of the largest fintechs in the world an valued in the tens of billions of dollars. It processed more than $1 trillion in payments last year.

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