Stripe to Acquire Crypto Wallet Startup Privy in Bid to Expand Web3 Capabilities 💼
Stripe, the global online payment processor, has announced its acquisition of a burgeoning crypto wallet startup, Privy. This move is seen as part of Stripe's broader strategy to enhance its Web3 capabilities and strengthen its foothold in the evolving digital economy. By integrating Privy’s technology, Stripe aims to offer more robust and versatile payment solutions, further bridging the traditional financial system with the burgeoning world of decentralized finance.
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