Privy said it has launched Digital Asset Accounts on Solana, expanding tools for developers building fintech, trading, or consumer applications. According to the announcement, the product enables teams to manage user balances, custody (holding assets on users’ behalf), and onchain actions (transactions executed on a blockchain) across multiple chains through a single API (software connection interface). The launch points to continued demand for developer infrastructure that simplifies integrating blockchain-based asset features into mainstream applications.