Posted 11/21/2023, 1:30:00 PM
Privy Raises $18M to Build Easy-to-Use Crypto Apps With 500K Monthly Users
- Privy raised an $18 million Series A round led by Paradigm to build consumer-friendly crypto tools
- Privy powers services like Blackbird, a dining app, and Courtyard, a sports card site
- The apps use crypto features like private keys for perks but maintain easy UX like Facebook
- Privy lets users "peer over the hedges" to explore more crypto if they want
- Privy currently has over 500,000 monthly average users moving hundreds of millions of dollars