Citrea Acquires Private Wallet Tech to Expand Bitcoin Offerings
Citrea has announced the acquisition of Crest, a self-custodial private Bitcoin wallet. This move brings Zcash-style privacy features to Bitcoin and its app layer.
The addition of Crest's technology and team signals product expansion on Bitcoin for Citrea. Crest's founder is joining Citrea's leadership, supporting focused execution on private BTC features.
Citrea plans to launch a private BTC mobile wallet, which could drive user growth and on-chain activity. The wallet will feature auto-shielding and private transfers, competing with other wallets that offer similar features.