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Our friends at @privy_io joining forces with @stripe is a milestone moment for the industry
The unwavering dedication of this remarkable team to a mission of bringing crypto rails to the world is inspiring -
- and a reminder that real world relevance, reliability and proliferation are crucial indicators of progress, much more so than asset prices and liquidity
I've long been inspired by the vision of @patrickc and @collision to increase the GDP of the internet
Crypto's potential lies in doing the same:
Growing digital GDP while ensuring its decentralization
(whether in terms of its underlying infrastructural resilience / fault tolerance / censorship resistance, or in its distribution + dissemination)
In recent times, crypto has veered from this mission.
Projects have focused instead on growing the market cap of the internet with little focus on fundamental value
Privy's success is a timely reminder for our industry to refocus on building for global impact - and using the right metrics + north stars to guide us along the way

11.6.2025
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.

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