What’s the Haps, Folks? 🤔
- Cryptocurrency wallet wizard Privy has conjured up an estimated $15 million in funding, led by the mysterious Ribbit Capital. 🧙♂️
- The investment round also included a pinch of participation from existing investors Sequoia Capital, Paradigm, BlueYard, and Coinbase, because why not? 🤷♂️
- Privy’s magic lies in its application programming interfaces (APIs) that let developers weave their own crypto spells, allowing users to buy, sell, and hold all sorts of digital treasures. 🧙♂️
Privy’s CEO said, “Businesses that tap into crypto rails will become the wizards of the digital world, making value appear out of thin air and exchanging it with a flick of their wrist!” 🔮
But, alas, the size of the round remains a mystery, though Privy claims it’s now swimming in a sea of over $40 million. 🌊
The round also included a dash of participation from existing investors, who must be thrilled to be a part of this crypto craze. 🤣
Privy’s valuation in the round was also a closely guarded secret, but we’re sure it’s a number that’s simply “private” enough to keep us guessing. 😉
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2025-03-19 19:45