Team @privy_io is making the power of crypto rails available to everyone, everywhere. With incredible growth (50x last 1.5 years) we are excited to be investing again - this time with Ribbit Capital https://t.co/QmDHHc7xZO
Excited to be trippling down on @privy_io together with @RibbitCap. In the last 1.5 years Privy has grown from 1m to 50m accounts and from 40 to 800 customers - securing billions in assets. But the best part is yet to come with @henri_stern @asta_li and team unlocking the full https://t.co/sbyFuwFASW
Crypto wallet infrastructure @privy_io raised $15M in a funding round led by @RibbitCapital, with participation from @sequoia, @Paradigm, @coinbase. https://t.co/SJM2U15AwY https://t.co/XdypEQrFac
Privy, a crypto wallet infrastructure provider, has successfully raised $15 million in a funding round led by Ribbit Capital. The funding round also saw participation from notable investors including Sequoia, Paradigm, and Coinbase. Privy aims to simplify crypto onboarding through developer libraries for Web3 applications, focusing on wallet management and flow handling. Over the past 1.5 years, Privy has experienced substantial growth, expanding its user base from 1 million to 50 million accounts and increasing its customer count from 40 to 800, while securing billions in assets. The company expressed gratitude to its users and customers for their support in enabling broader access to crypto services.