Stripe Makes Power Move: Acquires Crypto Wallet Pioneer Privy in 2025 Fintech Shakeup

Stripe just placed a big bet on crypto''s future—and traditional banks won''t like it.

The payments giant snapped up Privy, a rising star in embedded crypto wallets, signaling a full-throttle push into Web3 infrastructure. No purchase price disclosed (but let''s be real—it probably cost more than your average CBDC pilot program).

Why this matters:

- Stripe gets instant crypto cred: Privy''s wallet tech lets apps integrate seamless Web3 logins and transactions

- The acquisition turbocharges Stripe''s crypto comeback after pausing Bitcoin payments in 2018

- Comes just months after Stripe added stablecoin payouts—clearly building an end-to-end crypto stack

Wall Street take: ''Another case of fintechs eating banks'' lunch while they debate blockchain at committee meetings.''