<ul data-eligibleForWebStory="true"><li>Stripe acquires Privy to enhance crypto UX infrastructure, announced on June 11.</li><li>Privy will operate independently under Stripe.</li><li>The goal is to help developers build faster and serve users without compromising compliance.</li><li>Privy improves wallet-based crypto products accessibility for all users, not just power users.</li><li>Privy powers over 75 million accounts and billions of crypto transactions.</li><li>Privy abstracts away crypto's technical complexity to make applications user-friendly like Web2.</li><li>Privy collaborates with various projects in the crypto ecosystem improving real-world use cases.</li><li>Stripe and Privy share a vision to converge crypto and fiat rails for better value flows.</li><li>Stripe's reputation aligns with Privy's approach to onboarding and UX.</li><li>Privy aims to enhance developer support, infrastructure, and solutions with Stripe's backing.</li><li>The union with Stripe is expected to accelerate Privy's mission without compromising independence.</li><li>Privy team expresses confidence in the future collaborations with Stripe.</li></ul>

Stripe Acquires Privy to Power Crypto UX Infrastructure

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