WalletConnect Raises $12.5M in Series B Financing

WalletConnect was founded in 2018 and is now integrated with 100+ wallets, 200+ apps. The project is also developing a multi-protocol messaging network involving direct messaging between wallet users and push notifications for on-chain and off-chain events from applications. WalletConnect raised $12.5 million led by Shopify. Coinbase, Consensys, Circle, Polygon, Uniswap Labs Ventures, HashKey and Foresight Ventures participated in the investment, and the funds raised will be used to build the Web3 communication network.

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