Privy, a provider of cryptocurrency wallet infrastructure, raised an estimated $ 15 million in a financing round led by Ribbit Capital.

The company, which announced the financing on Wednesday, offers application programming interfaces (APIs) to developers to manage and integrate user data, which allows its customers to offer crypto services and other on-chain features so that end users can buy, sell and keep cryptocurrency.

“Companies that appear in the early adoption of crypto rails will not only thrive but also redefine how value is created and exchanged globally,” Privy said. “But this future is related to a critical factor: Make it easy for any developer to build seamless, safe experiences on crypto rails.”

The size of the round was not revealed, although Privy said the investment is taking its total funding for over $ 40 million. Privy had previously raised $ 26.3 million across its first two rounds, according to data from the Startup Deal Platform Tracxn, which places the size of the latest investment in the $ 15 million region.

The round included participation from existing investors Sequoia Capital, Paradigm, Blueyard and Coinbase. Privy’s valuation in the round was also not revealed.