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Privy wallets support flexible custody options and can be operated under different models:
  • Non-custodial wallets ensure end users retain ultimate control of their private keys.
  • Developer-controlled wallets enable organizations to securely manage their treasury and/or run onchain infrastructure at scale.
  • Custodial wallets are backed by licensed providers that meet specific compliance or operational requirements.
This list is non-exhaustive; blended configurations (such as a non-custodial wallet granting signing permission to the developer) are also possible. This flexibility enables developers to tailor custody to the operational, regulatory, and risk requirements of their products and users. Concretely, this means you can serve custodial and non-custodial experiences side-by-side within a single application, all with one API. This approach reflects the diverse needs of products operating at global scale — from consumer-facing apps to enterprise systems requiring institutional-grade custody controls and compliance. Flexible custody empowers teams to operate globally and across product lines, delivering a best-in-class, secure experience throughout. Flexible custody

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Custodial wallets

Learn about Privy custodial wallets

Self-custodial and developer-controlled wallets

Create self-custodial and developer-controlled wallets