Payments giant Stripe has agreed to acquire Privy, a startup that provides infrastructure for embedding self-custodial cryptocurrency wallets into consumer applications. The companies did not disclose financial terms of the deal. Privy’s software, already used by platforms such as OpenSea, Blackbird and Toku, supports more than 75 million accounts and has processed over 34 million transactions representing billions of dollars in volume across more than 50 blockchain rollups. The firm was last valued at roughly $230 million in a March 2025 funding round. The takeover deepens Stripe’s push into digital assets and follows its $1.1 billion purchase of stablecoin platform Bridge eight months ago. Stripe said Privy will continue to operate as an independent product while integrating with the company’s stablecoin payment rails, a move aimed at making on-chain commerce simpler for developers and end users.