TechFlow news: According to official announcements, Privy, a Web3 identity verification and private key management tool, has secured a strategic investment from Coinbase Ventures, though the specific amount has not been disclosed. The new funding will deepen the collaboration between the two parties, helping developers build better on-chain products. Privy is working closely with multiple Coinbase product teams, including the Base team, supporting teams such as Blackbird and friend.tech to bring crypto products to mainstream users.
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