Bitcoin Web3 wallet Xverse raises $5 million in seed funding round led by Jump Crypto

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Bitcoin Web3 wallet Xverse raises $5 million in seed funding round led by Jump Crypto
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Xverse, a Bitcoin Web3 wallet supporting Ordinals and BRC-20 inscriptions, has seen plenty of momentum in the last year

, a Bitcoin Web3 wallet supporting Ordinals and BRC-20 inscriptions, has seen plenty of momentum in the last year. With over 350,000 downloads, the startup’s user-friendly interface on both iOS, Android and Chrome extension sets a new standard for Bitcoin wallets — a critical touchpoint in driving mainstream adoption.

The Hong Kong-based startup has successfully raised a $5-million seed funding round led by Jump Crypto with participation from RockawayX, Sfermion, Alliance, NGC Ventures, V3ntures, Old Fashion Research, 2140 Bitcoin Ecosystem Fund, Bitcoin Frontier Fund, Newman Capital, Franklin Templeton, New Layer Capital, Miton C, Gossamer Capital, Daxos Capital, Sora Ventures, Tyhke Block Ventures, IOBC Capital, Despread and strategic angel investors.

“Xverse is simply the best consumer product I’ve used in the Bitcoin ecosystem,” said Qiao Wang, core contributor to Alliance. “It’s also the first and only Bitcoin-related investment we’ve made.” Xverse has established itself as a premier gateway to the ecosystem as the most integrated Bitcoin wallet, including industry giants OKX and Magic Eden. The recent “Bitcoin Renaissance” ushered in by Ordinals has attracted a new wave of builders and funding, providing a solid foundation for further growth.is the leading Bitcoin wallet for Web3, providing first-class support for Ordinals, NFTs, DeFi and decentralized applications.

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