Paribu, Türkiye’s leading digital asset platform, announced that self-custodial personal finance app Clave has joined the company. The move accelerates Paribu’s strategy in decentralized finance, stable crypto assets, and tokenization.
What is Clave?
Founded in London by Baki Er, Rafi Ersözlü, and Ulaş Erdoğan, Clave solves one of the biggest usability hurdles in non-custodial wallets: seed phrases. Using Account Abstraction and passkeys, it reduces friction for users moving from exchanges to self-custody and onchain finance, from DeFi and dApps to staking and global stablecoin payments. Users can stake stablecoins and ETH and spend stablecoin balances across 100+ countries at 200M+ Visa merchants.
In February 2024, Clave raised USD 1.6 million in a pre-seed round led by Matter Labs (zkSync), with participation from Safe Foundation, Lambda Class, Mirana Ventures, Doruk İşmen (Agora Finance), Raj Parekh (ex-Visa) ve Aayush Gupta (Ethereum Foundation), and angel investors. To date, Clave has surpassed USD 3 million in TVL and reached approximately 4,000 weekly active users.
Clave will continue operating under Paribu within Paribu’s product and engineering team, helping advance Paribu’s B2C and B2B product roadmap across self-custody and onchain finance.
What does it mean for Paribu users?
In under a year, Clave has surpassed $10 million in total value locked (TVL) and reached more than 20,000 users in the decentralized wallet market, and it will take Paribu’s onchain capabilities a step further. Paribu users, supported by products such as Paribu Self, a multi-signature decentralized wallet that brings multi-party computation (MPC) technology to end users, will be able to access blockchain-based financial services like decentralized finance (DeFi), decentralized applications (dApps), stable crypto assets, global payments, and staking, without leaving the Paribu ecosystem.
Yasin Oral, Founder and CEO of Paribu, said:
“Clave has quickly built strong momentum in the decentralized wallet space. We’ve been following the team’s work since the early days, and we’re excited to welcome their talent and technology into the Paribu ecosystem. By combining Clave’s domain know-how with Paribu’s scale, experience, and security-first approach, we will make it easier for users to access DeFi without leaving the Paribu ecosystem.”
From regulated expansion to onchain products
In December 2025, Paribu acquired CoinMENA, strengthening its footprint in the MENA region and gaining access to two active licenses in Bahrain and Dubai. Paribu also operates Paribu Custody, an institutional-grade digital asset custody technology provider powered by its multi-layered ColdShield® security architecture. Building on this regulatory and security foundation, Clave joins Paribu as a strategic step to expand Paribu’s onchain roadmap. The goal is to make MPC-backed self-custody and onchain financial services easier and more approachable for a broader audience.
