1/ Today, we're proud to announce that Stripe is acquiring Privy.
We couldn’t be more excited.
Privy will continue as an independent product – but now we’ll move faster, ship more, and serve you even better, so you can stay focused on your users.
2/ We started Privy 3 years ago to make it easy for anyone to build better products on crypto rails.
That starts with better wallets.
At the time, wallets were powerful but inaccessible – built for power users and disconnected from real product UX.
3/ Privy abstracts that complexity away, making crypto feel like the rest of the internet:
✅ Simple
✅ Intuitive
✅ Instant
Today, we power 75M+ accounts across 1,000+ teams, enabling billions in transactions across wallets, apps, and users.
4/ Great infra is built working with great teams, eg:
📊 @HyperliquidX: reimagining trading
🐦⬛ @blackbird_xyz: rewarding loyal diners
🪙 @usetoku: paying a global workforce
📈 @farcaster_xyz: growing an open social graph
We’re more focused than ever on serving our customers.
5/ We’re just getting started.
From our earliest conversations with Stripe, they impressed us with their craft, ambition, and willingness to imagine new worlds.
Like us, they believe in bringing crypto and fiat closer together to change how value moves through the Internet.
6/ Joining forces accelerates our mission.
We’ll keep building for developers building on crypto rails—now with more resources, flexibility, and firepower.
Thank you for trusting us. We’re honored to build alongside you.
Onward.
1/ While trading products have been in the spotlight lately, builders are reimagining much more of the internet on crypto rails.
Today, we’re celebrating some of the most exciting projects across stablecoins, social, creator apps, and loyalty.
2/ Dollar access in emerging markets
Teams @zarpay_app, @go_karsa, and @useaccrue are using stablecoins to give users in emerging markets access to dollar-denominated value, offering a more stable alternative for saving and transacting.
3/ Social networks
@farcaster_xyz, @fantasy_top_, @KaitoAI, and others are rethinking social networks with decentralization and openness at the core. They’re unlocking a massive design space where a post in one app can live across multiple networked apps.
Building on our experience serving thousands of developers across millions of users, we're opening access to our embedded wallet cryptosystem
This means app backends can create/manage wallets via APIs so you can power money movement at scale!
2/ Server wallets combine enterprise-grade security and consumer-grade performance
Embedded wallets make it easy to onboard anyone to crypto. Server wallets expand on this to enable fleet mgmt of programmable wallets so you can give any customer/machine access to digital assets
3/ With server wallets, you get:
🤖 Bare metal APIs for managing onchain activity
⚙️ A policy engine for control over wallet actions
🆗 Approver quorums for m-of-n chain of custody
🏎️ <200ms signatures and four 9s availability
We've learned a lot since launching 2 years ago seeing 20M+ users onboarded and working with 2,000+ active devs.
One thing that remains true is our purpose: building flexible, secure tooling so devs can craft delightful experiences their users love.
2/ We've supported apps across many end-markets, from @HyperliquidX in trading to @PirateNation in gaming, @zora in social, and @blackbird_xyz in loyalty.
These customers, and many more, exemplify the broad range of novel onchain experiences we hope to power with our new brand.
3/ Here's what the new look means to us:
⚙️ Simple: The logo reflects how bare metal APIs serve as building blocks for Privy
🔒 Secure: Grids represent how we help devs power apps at scale
✨ Delightful: A visual identity to represent the unique/powerful UX built on our stack