According to Santiment, Stripe has officially acquired Privy, a leading crypto wallet infrastructure firm, as part of its strategy to expand Web3 and cryptocurrency product capabilities (source: Santiment Twitter, June 11, 2025). This strategic move is expected to accelerate Stripe’s integration with blockchain technologies and enhance its crypto wallet offerings, making it easier for businesses and developers to onboard users into the crypto ecosystem. The acquisition is drawing significant social media attention and may contribute to increased adoption of digital assets, potentially impacting trading volumes and user engagement across major cryptocurrencies.