Stripe to acquire crypto wallet startup Privy: report

Stripe is continuing its crypto shopping spree—this time, snapping up Privy, a startup that builds infrastructure for crypto wallets. According to Bloomberg, the deal follows Stripe’s recent $1.1 billion purchase of stablecoin platform Bridge, signaling a serious bet on digital assets. No dollar figures were disclosed, but it’s clear Stripe isn’t just dipping a toe in crypto; it’s diving in headfirst.