Tech Company Financing Transactions
WalletConnect Funding Round
WalletConnect, based in Zug, received $12.5 million in investment from 1kx, ConsenSys Ventures and Gnosis.
Transaction Overview
Company Name
Announced On
11/3/2022
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Undisclosed
Proceeds Purpose
The startup is seeking to collaborate with its investors to build out its decentralization efforts. It's looking to provide social features for noncustodial wallets, such as wallet-to-wallet chat and authentication.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Rigistrasse 3
Zug, 6300
CH
Zug, 6300
CH
Phone
Undisclosed
Website
Email Address
Overview
Developer of an open interoperable protocol designed to make decentralized applications easier to use. The company's protocol connects a desktop decentralized application to mobile wallets using end-to-end encryption by scanning a QR code and relaying the messages without having access to any of its contents, enabling decentralized application developers to integrate with multiple wallets and reach users through a single implementation.
Management Team
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