FinTechFunding

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
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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