Klarna Partners With Privy to Explore Crypto Wallet Use Within its Ecosystem

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Klarna Partners With Privy to Explore Crypto Wallet Use Within its Ecosystem The project aims to make crypto more accessible to everyday users, building on Klarna's recent launch of KlarnaUSD, a dollar-backed stablecoin. By Francisco Rodrigues , AI Boost | Edited by Stephen Alpher Dec 11, 2025, 1:50 p.m. (appshunter.io/Unsplash/Modified by CoinDesk) What to know : Klarna is partnering with Privy to develop crypto wallet features that will allow users to store, use and send digital assets directly within Klarna's financial products. The project aims to make crypto more accessible to everyday users, building on Klarna's recent launch of KlarnaUSD, a dollar-backed stablecoin. The partnership signals Klarna's deeper move into crypto, with plans to integrate digital currencies and wallets into its ecosystem, potentially allowing users to hold stablecoins, send money and invest or transact globally. Swedish fintech giant Klarna, best known for its buy-now, pay-later services, is deepening its move into crypto by teaming up with Privy, a wallet infrastructure provider backed by Stripe. The two companies will co-design and test crypto wallet features aimed at helping everyday users store, use and send digital assets, the companies said , in a push to "power a new generation of crypto products for Klarna users." STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The project builds on Klarna’s recent rollout of KlarnaUSD , a dollar-backed stablecoin launched with Stripe’s Bridge platform. Klarna says it now wants to make crypto more accessible by embedding it directly into its financial products, rather than offering it as a standalone app for crypto enthusiasts. “Millions already trust Klarna to help them manage everyday spending, saving and shopping,” said Klarna CEO Sebastian Siemiatkowski. “That puts us in a unique position to bring crypto into the financial lives of normal people, not just early adopters.” Privy, whose tools power over 100 million accounts including platforms like OpenSea, will provide the infrastructure. Klarna users could eventually hold stablecoins or other crypto assets, send money to friends, and potentially invest or transact globally within Klarna’s ecosystem. The announcement signals a growing trend: mainstream financial players are testing ways to bring crypto tools into traditional consumer finance. Any product Klarna eventually rolls out will still need to pass through regulatory checks. Once skeptical, the company is now betting that digital currencies and wallets could play a key role in lowering the cost and friction of global payments. Klarna crypto wallet AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. 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