March 20, 2025
Wallet Infrastructure Provider Priy Raises $ 15m to Develop Crypto Onboarding Rails thumbnail
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Wallet Infrastructure Provider Priy Raises $ 15m to Develop Crypto Onboarding Rails

The Company Said the Investment Takes Its Total Funding to Over $ 40 Million”, – WRITE: www.coindesk.com

The Company Said the Investment Takes Its Total Funding to Over $ 40 Million Mar 19, 2025, 4:37 PM UTC

Privy, A Provider of Cryptocurrency Wallet Infrastructure, Raised An Estimated $ 15 Million in A Funding Round Led by Ribbit Capital.

The Company, WHICH AnnounCed the Funding on Wednesday, Offers Application Programming Interfaces (Apis) for Developers to Manage and Integrate User Data, Allowing ITSTOMERS TO ORITERTER. Functions so that end users can buy, Sell and Hold Cryptocurrency.

“Businesses that Emerge from the Early Adoption of Crypto Rails Will Not Only Thrive But Also Redefine How Value is Created and Excised Globally,” Prievy Said. “BUT this FUTURE HINGES ON ONE Critical Factor: Making It Easy for Any Developer to Build Seamless, Secure Experiences on Crypto Rails.”

The size of the round was not disclosed, Thought Privy Said the Investment Takes Its Total Funding to Over $ 40 Million. Privy Had Previoously Raceded $ 26.3 Million Across Its First Two Rounds, Account to Data by Startup Deal Platform Tracxn, Which Places of the Latest Investment in the Region.

The Round Included Participation from Existrtors Sequoia Capital, Paradigm, Blueyard and Coinbase. Priy’s Valuation in the Round Was Also Not Disclosyd.

Jamie crawleyJamie Has Been Part of Coindesk’s News Team Since February 2021, Focussing on Breaking News, Bitcoin Tech and Protocols and Crypto VC. HE HOLDS BTC, ETH AND DOGE.

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Jamie crawley

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