Soul Wallet Raises $3M in Seed Funding

Soul Wallet, a Santa Monica, CA-based startup building an online, self-custodial Ethereum wallet, raised $3.1m in seed funding.

Backers included Struck Crypto, Game7DAO, NGC Ventures, Dispersion Capital, Alchemy, Ankr and Signum Capital, as well as David Hoffman, Ryan Sean Adams, Kristof Gazso, Marc Zeller, Scott Moore, Terence Tsao and Tim Beiko.

The company intends to use the funds to expand operations and its development efforts.

Led by founder Jiajun Zeng, Soul Wallet is building a wallet built on top of the ERC-4337 standard, which is designed to allow verification to be performed by smart contracts.

The company is currently advancing the wallet internally with plans to launch it in Q3 or Q4.

The team has a distributed team across the U.S., Japan, Thailand and China.

FinSMEs

20/03/2023