Stripe Acquires Privy: Empowering Crypto Developers with Streamlined User Experience

Stripe has announced the acquisition of Privy, a company that specializes in streamlining user experience for cryptocurrency products. This strategic move will allow developers to build and launch faster while ensuring seamless integration and compliance. 75 million accounts and billions of crypto transactions are now powered by Privy’s infrastructure, which focuses on abstracting away technical complexity and creating intuitive Web3 applications.