Data privacy company Privy announces launch of global embedded wallet in coming months

Data privacy solution provider Privy announced that it will launch global embedded wallets to its customers in the coming months. The core functions of embedded wallets include self-custody and interoperability. Self-custody means that users are the only ones who can access and use the encrypted keys that protect their accounts, ensuring that they maintain control over their data and assets regardless of the platform. Interoperability allows users to transfer assets and data between different applications, making it easier for developers to build experiences from multiple systems that depend on each other.