Stripe's Revenue Increases Nearly 9 Times After Acquiring Privy, Wallet Assets Grow Approximately 25 Times

Stripe co-founder Patrick Collison stated that since Privy joined Stripe over a year ago, the assets in its wallet have increased nearly 25 times, the number of monthly active developers has grown about 3 times, and revenue has surged nearly 9 times, currently facilitating nearly $25 billion in transactions each month. Companies such as Ramp, Deel, Klarna, and Hyperliquid are building embedded banking features based on Privy. Stripe is deeply integrating Privy into Treasury, Link, and Connect to accelerate global expansion and feature development, with plans to launch a Link balance feature. Privy's wallet infrastructure has supported AI agents in conducting transactions and generating revenue, with applications including Merit Systems and Nevermined. Collison anticipates that the agent economy will continue to grow rapidly. The two parties are building a unified API to support holding stablecoin balances and earning yields, transferring fiat funds in and out, and arranging expenditures via bank cards. Collison also mentioned that there is still a significant amount of work to be done in integrating Privy, Bridge, and other Stripe businesses.

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