We are proud to announce that XDEFI Wallet has secured $1.2M in seed investment.
The round was led by Mechanism Capital with the participation of Delphi Ventures, Morningstar Ventures, Alameda Research, Erik Voorhees from ShapeShift, Sebastien Audet and Suhail Gangji from Zapper.fi and Marc Zeller from Aave.
Initially incubated by THORChain last August, XDEFI Wallet has since built a cross-chain wallet extension focusing on providing a better user experience for DeFi users.
The product is currently in private beta with around 500 testers, and the team is getting ready to launch the public beta.
XDEFI Wallet already supports 6 chains including Ethereum, Bitcoin and Binance Smart Chain. The team is planning to integrate more Layer 1s this year such as Cosmos, Terra, Polkadot, Elrond and Solana.
We can’t wait to show the world what we are building!