Soul Wallet: Raises $3M in Seed Funding

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