Reown, the rebranded WalletConnect, has secured $13 million in Series B funding, bringing its total funding to $38 million, with backing from prominent Web2 and Web3 investors like USV, 1kx, and Shopify Ventures. The funds will advance its onchain UX solutions, including AppKit and WalletKit, which simplify blockchain complexities through tools like embedded wallets, gas fee abstraction, and multichain support. Positioned at the intersection of traditional finance, fintech, and decentralized finance, Reown aims to make blockchain adoption seamless, evidenced by its role in enabling crypto solutions for major players like Stripe, Telegram, and the gift card platform Raise.
Reown Raises $13 Million to Build the Onchain UX Platform
