# Xverse

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xverse

- Industry: Software
- Headquarters: Hong Kong, Hong Kong SAR - China
- Website: www.xverse.app
- Total disclosed funding: $5M
- Latest round: Seed (Aug 9, 2023)
- Investors on record: 19

## About

Based in Hong Kong, and founded in 2021 by CEO Ken Liao, Secret Key Labs Limited, d.b.a. Xverse, operates as a provider of a mobile application that allows users to manage and access cryptocurrency wallets. In August 2023, Xverse raised USD 5 million in seed funding led by Jump Crypto, with participation from Rockaway, Sfermion, DeFi Alliance, NGC Ventures, V3ntures, Old Fashion Research, 2140 Bitcoin Ecosystem Fund, Bitcoin Frontier Fund, Newman Capital, Franklin Templeton, New Layer Capital, Miton, Gossamer Capital, Daxos Capital, Sora Ventures, Tykhe Block Ventures, IOBC Capital, and DeSpread Inc.

The company provides Sats Connect, an open-source protocol and javascript library that connects apps to Bitcoin wallets to retrieve user wallet addresses and request the signing of transactions (PSBTs). Sats Connect offers a wide range of features, including Bitcoin Wallet, Stacks Wallet, Bitcoin NFT Wallet, Ordinals Wallet, and BRC-20 Wallet.

The company plans to use its proceeds from August 2023 funding to accelerate advanced features around DeFi, Stacks, Lightning, and other Bitcoin scalability solutions.

## Funding rounds

- Seed, Aug 9, 2023, $5M — Franklin Templeton, Rockaway, Sora Ventures, NGC Ventures, Alliance, Sfermion, Old Fashion Research, Miton, Jump Crypto, DeSpread Inc., Gossamer Capital, New Layer Capital, IOBC Capital, Newman Capital, V3ntures, Bitcoin Frontier Fund, 2140 Bitcoin Ecosystem Fund, Daxos Capital, Tykhe Ventures

## Investors

- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Seed
- Rockaway (https://capitalatlas.ai/funds/rockaway) — Seed
- Sora Ventures (https://capitalatlas.ai/funds/sora-ventures) — Seed
- NGC Ventures (https://capitalatlas.ai/funds/ngc-ventures) — Seed
- Alliance (https://capitalatlas.ai/funds/alliance) — Seed
- Sfermion (https://capitalatlas.ai/funds/sfermion) — Seed
- Old Fashion Research (https://capitalatlas.ai/funds/old-fashion-research) — Seed
- Miton (https://capitalatlas.ai/funds/miton) — Seed
- Jump Crypto — Seed
- DeSpread Inc. — Seed
- Gossamer Capital (https://capitalatlas.ai/funds/gossamer-capital) — Seed
- New Layer Capital (https://capitalatlas.ai/funds/new-layer-capital) — Seed
- IOBC Capital (https://capitalatlas.ai/funds/iobc-capital) — Seed
- Newman Capital (https://capitalatlas.ai/funds/newman-capital) — Seed
- V3ntures (https://capitalatlas.ai/funds/v3ntures) — Seed
- Bitcoin Frontier Fund (https://capitalatlas.ai/funds/bitcoin-frontier-fund) — Seed
- 2140 Bitcoin Ecosystem Fund (https://capitalatlas.ai/funds/2140-bitcoin-ecosystem-fund) — Seed
- Daxos Capital (https://capitalatlas.ai/funds/daxos-capital) — Seed
- Tykhe Ventures — Seed