Reown (prev. WalletConnect Inc.)

1/ Today, we’re excited to announce our $13M Series B to build the future of onchain UX

This brings our total funding to $38M.

2/ This round was led by @usv & @1kxnetwork, with participation from SC Ventures by Standard Chartered, Shopify Ventures, @krakenfx Ventures, Crypto.com Capital, Figment Capital, Kiln, @everstake, BitGo Ventures, and @fenbushi.

Early-stage crypto investment firm helping founders bootstrap token networks.

Kraken is your bridge to the world of crypto. Spot, Futures, Margin, NFTs, Staking & OTC Buy, sell, trade, earn, explore and learn.
Kraken.com

Union Square Ventures is a venture capital firm based in New York City.

Building the Web 3.0 ecosystem | https://tinyagents.xyz/fenbushi

Toolkits to build onchain UX → /reown. Builders of the WalletConnect Network. For the WalletConnect Network, please visit @walletconnect

3/ Reown’s SDKs—AppKit and WalletKit—are the backbone of onchain UX, enabling millions of users to onboard in minutes.

With features like social and email login, embedded wallets, smart accounts, swaps, onramp, and fee sponsorships, Reown is helping drive web3 adoption.

4/ AppKit saw huge evolution last year, expanding its offering to @solana, and Bitcoin to accelerate the multichain mission.

It powers apps like Jupiter Exchange, Drift Protocol, and Marinade Finance, as well as seamless crypto solutions for partners like Raise.

5/ WalletKit is trusted by 600+ wallets, including Trust Wallet, Binance Wallet, Bitget Wallet, Crypto.com, and Fireblocks.

Its Chain Abstraction Roadmap and gas abstraction initiatives are removing barriers like chain swapping and gas complexities for users.

6/ Reown also continues as a core developer of the @walletconnect Network, which recently surpassed:

👉 220M+ total connections across 35M+ users globally

👉 20M+ monthly connections for 5M+ monthly users

7/ With this funding, we’ll continue improving AppKit and WalletKit, building tools that make onchain experiences seamless, accessible, and ready to onboard the masses to web3.

Thank you to our investors, partners, and community for supporting our mission.

Let’s build the future of onchain UX together.

More details:

Thank you to our investors, partners, and community for supporting our mission.

Let’s build the future of onchain UX together.

More details: https://fortune.com/crypto/2025/01/15/crypto-company-reown-raises-13-million-shopify-kraken/