Citrea acquires Crest to build flagship Bitcoin privacy wallet

  • Citrea acquired Crest and will make it the company's flagship privacy product.
  • Crest plans to launch a Bitcoin mobile wallet in the coming weeks.
  • Meliksah Gurtemel will join Citrea as head of product.

Citrea has acquired Crest, a self-custody Bitcoin privacy wallet designed to make privacy the default while users retain control of their keys and coins. Crest will become Citrea's flagship privacy product, and founder Meliksah Gurtemel will join Citrea as head of product. In the coming weeks, Crest plans to launch a Bitcoin mobile wallet with automatic privacy protection, private BTC transfers, and cross-chain access from Bitcoin and Ethereum. The planned product will also support private cross-chain swaps and exit routes, allowing users to use privacy-preserving BTC to privately pay USDC or ETH to EVM addresses compatible with Ethereum-based applications.

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