Stripe Expands Crypto Horizons with Bold Acquisitions
Stripe, a financial technology leader, has deepened its commitment to cryptocurrency through two strategic acquisitions. The company acquired Privy, a crypto wallet provider, to enhance its payment infrastructure with seamless digital asset integration. Privy will operate independently, focusing on innovation and user experience.
This follows Stripe''s earlier acquisition of Bridge, signaling a concerted push into stablecoins and crypto-based financial tools. The moves position Stripe at the forefront of institutional crypto adoption, bridging traditional finance with blockchain technology.