Karim
@skkarim2244
Bloomberg reports that Stripe acquired crypto wallet provider Privy for an undisclosed amount, following its $1.1 billion acquisition of stablecoin infrastructure firm Bridge. By integrating Privy and Bridge, Stripe is accelerating its push into stablecoin and crypto payment infrastructure. Privy will continue operating as a standalone product. In March, Privy raised $15 million in a funding round led by Ribbit Capital.
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