About WalletConnect
WalletConnect is a company based in Cayman Islands founded in 2018.. WalletConnect has raised $12.5 million across 1 funding round. WalletConnect offers products and services including WalletConnect Network, WalletGuide, and WCT Token. WalletConnect operates in a competitive market with competitors including Solana, Ankr, Mysten Labs, O(1) Labs and Chain, among others.
- Headquarter Cayman Islands
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Walletconnect Foundation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.5 M (USD)
in 1 rounds
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Latest Funding Round
$12.5 M (USD), Series B
Oct 11, 2022
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Investors
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Employee Count
Employee Count
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Products & Services of WalletConnect
WalletConnect offers a comprehensive portfolio of products and services, including WalletConnect Network, WalletGuide, and WCT Token. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for connecting wallets and apps in web3 for secure interactions.
Directory of onchain wallets meeting high standards for security and features.
Native token for staking, rewards, and governance in the WalletConnect ecosystem.
Funding Insights of WalletConnect
WalletConnect has successfully raised a total of $12.5M through 1 strategic funding round. The most recent funding activity was a Series B round of $12.5 million completed in October 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $12.5M
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First Round
First Round
(11 Oct 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series B - WalletConnect | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by WalletConnect
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - WalletConnect
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Walletconnect Comparisons
Competitors of WalletConnect
WalletConnect operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Solana, Ankr, Mysten Labs, O(1) Labs and Chain, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Blockchain infrastructure for transactions and counting is provided by Solana.
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| domain | founded_year | HQ Location |
Web3-native infrastructure for blockchain development and decentralization is provided.
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| domain | founded_year | HQ Location |
Web3 infrastructure solutions are offered via a blockchain platform.
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| domain | founded_year | HQ Location |
Provider of a blockchain network
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| domain | founded_year | HQ Location |
Blockchain infrastructure is offered for financial application development.
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| domain | founded_year | HQ Location |
A blockchain-based public network is operated for decentralized application development.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Walletconnect
Frequently Asked Questions about WalletConnect
When was WalletConnect founded?
WalletConnect was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is WalletConnect located?
WalletConnect is headquartered in Cayman Islands.
Is WalletConnect a funded company?
WalletConnect is a funded company, having raised a total of $12.5M across 1 funding round to date. The company's 1st funding round was a Series B of $12.5M, raised on Oct 11, 2022.
What does WalletConnect do?
Founded in 2018 and based in the Cayman Islands, WalletConnect operates within the blockchain sector as a decentralized network. Connections between wallets, applications, and users are facilitated to support onchain ecosystem interactions. Secure protocols are utilized for user experiences, with a native token employed for security, rewards, fees, and governance. A directory of compliant onchain wallets is maintained to ensure high standards in usability and protection.
Who are the top competitors of WalletConnect?
WalletConnect's top competitors include Mysten Labs, Solana and O(1) Labs.
What products or services does WalletConnect offer?
WalletConnect offers WalletConnect Network, WalletGuide, and WCT Token.