Having trouble finding the right infrastructure?
Request a free consultation
Having trouble finding the right infrastructure?
Request a free consultation
COMPANY detail
PRIVY Wallet infrastructure for modern money movement
PRIVY
Company Overview.
Year Founded
2021
Status
Private
Specialties
Wallet Infra, API/Dev Tools
Company Size
11-50 Employees
Industry
Software Development
Location
New York, USA
Description.
Privy (Horkos, Inc.) provides wallet infrastructure for developers to embed secure, programmable wallets into any application. Founded in 2021 by Henri Stern, Asta, and the Privy team, Privy enables developers to onboard users with email, SMS, social logins, or existing wallets while providing enterprise-grade key management through TEEs (Trusted Execution Environments) and distributed key sharding. The platform supports EVM, Solana, Bitcoin, and 120+ networks, powering over 120 million accounts across 2,000+ developer teams including Kraken, JPMorgan, and Shopify. In June 2025, Stripe acquired Privy to integrate crypto payment rails into its platform, with Privy continuing to operate as an independent product.
Key Infrastructure.
Embedded Wallets SDK
Complete wallet solution embedded within applications using one simple API call. Supports passkeys, hardware tokens, and social logins for seamless user onboarding. Wallets are hardware-secured with TEE isolation and distributed key sharding across isolated services. Available across EVM, Solana, Bitcoin, and 120+ networks with gas sponsorship and global user accounts
Low-Level Key Management
Run secure wallets within hardware-isolated TEEs. Define granular signing policies, coordinate multi-approver quorums, and automate onchain actions programmatically. Provides granular policy engine, multi-approver quorums, and webhook-based indexing for enterprise-grade key operations
User Onboarding
Sign up any user in seconds with email, SMS, social login, passkey, or existing wallet. Progressive authentication improves conversion for both crypto experts and newcomers. Includes robust wallet connectors and hardware-backed login with MFA support
Programmable Integrations
Integrate with best-in-class onchain tools including swaps, bridges, and gas sponsorship. Automated bridging, smart wallet signers, and fiat-to-crypto rails enable developers to create seamless crypto experiences without building from scratch
Custodial Wallets
Added custodial wallet options to Privy's wallet stack, powered by flexible custody. Enables enterprises and financial institutions to choose between self-custody and delegated custody based on regulatory requirements and user preferences
Flexible Custody
Enterprise-grade custody models for global businesses. Supports hardware-isolated self-custody with keys sharded and distributed across isolated services. Wallets only reconstructed in secure hardware environments ensuring only owners can access assets
Additional Features.
Gas Sponsorship
Sponsor gas fees for users to improve onboarding conversion and reduce friction when transacting on-chain for the first time, removing wallet funding barriers
Passkey Support
Enable passwordless authentication using passkeys stored in device secure enclaves for enhanced security, phishing resistance, and superior user experience
Hardware Token Support
Integration with hardware security tokens for enterprise-grade authentication requiring physical device presence to authorize wallet operations and transactions
Multi-Approver Quorums
Configure multi-signature requirements where multiple parties must approve high-value transactions before execution, enabling corporate treasury controls
Transaction MFA
Layer on additional authentication factors such as SMS codes, biometrics, or authenticator apps for transaction approval on sensitive operations
Wallet Connectors
Connect to existing wallets including MetaMask, WalletConnect, and other Web3 connectors enabling users to import or link their existing crypto identities
GENERAL Questions.
What does this company do?
Privy provides wallet infrastructure APIs that enable developers to embed secure, programmable wallets into any application. Their platform handles key management, user authentication, and onchain interactions through a single API, supporting EVM, Solana, Bitcoin, and 120+ networks.
Who are their main clients?
Privy serves 2,000+ developer teams including Kraken (DeFi Earn), JPMorgan (enterprise), Shopify, and the Solana Developer Platform. Their B2B model focuses on fintech, DeFi, consumer apps, and gaming companies.
Are they licensed?
Privy is a US-based company with SOC 2 Type II certification. They provide wallet infrastructure APIs rather than holding licenses directly. Specific regulatory licenses depend on how clients use their infrastructure.
What blockchains/stablecoins supported?
Privy supports EVM-compatible chains, Solana, Bitcoin, and 120+ networks total. They integrate with all major stablecoins through their swap and bridge integrations including USDC, USDT, and others.
