Reown, Developer of WalletConnect, Raises $13 Million in Series B with Participation from Kraken and Others
YM Lee
Summary
- Reown has reportedly raised $13 million through a Series B round.
- Numerous investors, including Kraken Ventures, participated in this investment.
- Reown plans to use the new capital to develop an SDK-based on-chain UX platform.
Reown, the developer of the cryptocurrency wallet integration protocol WalletConnect, has raised $13 million through a Series B round.
According to The Block's report on the 16th (local time), this round was led by Union Square Ventures and 1kx, with participation from numerous investors including Global Digital Asset Holdings, Kraken Ventures, Crypto.com Capital, BitGo Ventures, and Fenbushi.
Reown plans to use the new capital to develop an SDK-based on-chain UX platform.
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
![[Key Economic and Crypto Calendar for the Week Ahead] US Weekly Initial Jobless Claims, etc.](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
![[Market] Bitcoin briefly gives back $69,000… Fallout from Trump’s ‘Strait of Hormuz warning’](https://media.bloomingbit.io/PROD/news/78293fc1-a315-4ebb-81cf-f2cb32921d57.webp?w=250)