Stripe acquires crypto wallet provider Privy

Description

Stripe is acquiring Privy, a crypto wallet provider. Privy says that it will remain an “independent product” but will operate under Stripe’s umbrella.

Authors

Katherine Ross

Publish date

June 11, 2025

Publisher

Blockworks

Web URL

https://blockworks.co/news/stripe-acquires-privy-wallet

Referenced by

Back in May, Stripe announced that it was rolling out Stablecoin Financial Accounts, which will allow businesses to hold their balances in stablecoins and gives them the option to receive funds on both crypto and fiat rails.

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Stripe acquires Privy

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It bought stablecoin firm Bridge for $1.1 billion in one of the largest crypto acquisitions in history last year. It also reintegrated crypto payments in the US last fall.

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