 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
Cryptocurrency News Articles
Reown Raises $13M to Help Developers Build Simplified Crypto User Interfaces
Jan 15, 2025 at 10:00 pm
Startup Reown is trying to capitalize on that complexity by helping developers build simplified user interfaces. The company has now raised $13 million in a Series B funding round led by Union Square Ventures and crypto investment firm 1kx.
Startup Reown, formerly known as WalletConnect, has raised $13 million in a Series B funding round led by Union Square Ventures and crypto investment firm 1kx.
Other investors in the round include Shopify Ventures, Kraken Ventures, and Crypto.com Capital.
Founded in 2018, Reown allows users to connect their self-custody wallets to a desktop application, enabling them to buy NFTs, play games, or engage in various on-chain activities.
As the core maintainer of the open-source WalletConnect network, Reown has onboarded over 600 wallets participating in 50,000 crypto projects and applications, according to CEO Jess Houlgrave.
"We've continued to build on the network, but also started to address some of these other big user experience challenges," Houlgrave told Fortune. "That has led to the creation of our two flagship products."
These products are standard developer kits (SDKs)—one for building crypto wallets and another for building on-chain applications.
The kits provide developers with access to the WalletConnect network and tools to build interfaces that allow users to log into any non-custodial wallet within the network. Some participating wallets include MetaMask, Binance Web3 Wallet, Coinbase Wallet, and OKX Wallet.
While Reown's products are currently free to use, the company plans to introduce a pricing structure and begin generating revenue in Q1 of this year.
The company will continue to offer free versions of its products but will sell an enterprise version that companies can license.
Houlgrave said she plans to use the funds raised in this funding round for research and development. The company will also use the funding to expand into new ecosystems and offer services on more blockchains.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
-
-
- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
-
-
- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
-
-
- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
-
- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
