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Project Overview
Privy is a platform providing authentication and key management tools for onboarding users to web3 applications. It offers embedded wallets, account abstraction, and interoperability features to enhance user experience across multiple blockchain networks.
Kraken Integrates Solana DEX Trading into Main App, Advancing “DeFi Mullet” Strategy
According to The Block, Kraken officially launched its on-chain DEX trading functionality on June 18, enabling users to directly access thousands of tokens within the Solana ecosystem through Kraken’s main app—without leaving their familiar interface. This launch is powered by Kraken’s embedded wallet infrastructure Privy and several leading Solana DEX protocols. DEX assets will be displayed alongside existing assets in the Portfolio view, and users can trade using their USD or USDC balances. Kraken stated that it plans to expand DEX functionality to additional ecosystems in the future.
Veda opens its treasury infrastructure API to Privy’s development team—the wallet infrastructure subsidiary of Stripe
According to The Block, treasury infrastructure provider Veda announced integration with embedded wallet infrastructure company Privy—the wallet infrastructure firm acquired by Stripe in June last year—making its non-custodial treasury infrastructure available via a self-serve API to over 2,000 developer teams under Privy.
Stripe Partners with AWS to Launch AgentCore Payment Feature, Privy Provides AI Agent Stablecoin Wallet Infrastructure
: Stripe officially announced a partnership with Amazon Web Services (AWS) to provide AI Agent payment capabilities for Amazon Bedrock AgentCore. AWS launched the AgentCore Payments feature on the same day, allowing AI Agents to instantly access and pay for web content, APIs, MCP servers, and other AI Agent service fees. Among them, Privy (a Stripe-owned company) will collaborate with Coinbase to provide wallet infrastructure and payment channels, supporting the initial stablecoin payment capabilities for AgentCore.
Related news
Stripe's Privy Partners with Jito Labs to Launch Solana Trading Tool FullSend
According to The Block, Stripe's wallet infrastructure company Privy and Solana infrastructure company Jito Labs jointly launched the transaction certainty tool FullSend, routing transactions directly to current and upcoming Solana block building leaders via Jito's low-latency network, compressing transaction bundling latency to 50 milliseconds (traditional methods require at least 200 milliseconds), and providing MEV protection by default. The tool has been running silently in Privy wallets since January this year, cumulatively processing millions of transactions with a success rate of 99.999%.
Swedish payment giant Klarna applies for US banking license
According to CNBC, Swedish payment giant Klarna has submitted an application to U.S. federal and state regulators to establish an FDIC-insured bank subsidiary "Klarna Bank USA" in Utah, enabling Klarna to conduct loans, deposits, and broader financial services through its own banking system. Klarna launched the stablecoin KlarnaUSD at the end of last year and is reportedly collaborating with Privy, a wallet infrastructure platform under Stripe, to co-develop a crypto wallet aimed at mainstream users.
Kraken Integrates Solana DEX Trading into Main App, Advancing “DeFi Mullet” Strategy
According to The Block, Kraken officially launched its on-chain DEX trading functionality on June 18, enabling users to directly access thousands of tokens within the Solana ecosystem through Kraken’s main app—without leaving their familiar interface. This launch is powered by Kraken’s embedded wallet infrastructure Privy and several leading Solana DEX protocols. DEX assets will be displayed alongside existing assets in the Portfolio view, and users can trade using their USD or USDC balances. Kraken stated that it plans to expand DEX functionality to additional ecosystems in the future.
Veda opens its treasury infrastructure API to Privy’s development team—the wallet infrastructure subsidiary of Stripe
According to The Block, treasury infrastructure provider Veda announced integration with embedded wallet infrastructure company Privy—the wallet infrastructure firm acquired by Stripe in June last year—making its non-custodial treasury infrastructure available via a self-serve API to over 2,000 developer teams under Privy.
Meme Coin Application Zap: Will Shut Down on June 1
the Meme coin application Zap announced on the X platform that it will shut down on June 1. Last year, the team aimed to develop an app that would allow anyone to register and purchase their first Meme coin within 30 seconds. Although this goal was achieved, it did not gain the expected market traction.It recommends that users log in to their accounts and export their private keys before the shutdown on June 1, and suggests importing them into Phantom to continue accessing all assets. After June 1, users who have not yet exported their private keys can still securely access their funds through Privy Home.
Stripe Partners with AWS to Launch AgentCore Payment Feature, Privy Provides AI Agent Stablecoin Wallet Infrastructure
: Stripe officially announced a partnership with Amazon Web Services (AWS) to provide AI Agent payment capabilities for Amazon Bedrock AgentCore. AWS launched the AgentCore Payments feature on the same day, allowing AI Agents to instantly access and pay for web content, APIs, MCP servers, and other AI Agent service fees. Among them, Privy (a Stripe-owned company) will collaborate with Coinbase to provide wallet infrastructure and payment channels, supporting the initial stablecoin payment capabilities for AgentCore.