WalletConnect raises $12.5 million to build 'web3 communications network'
WalletConnect has raised $12.5 million in what it calls an "ecosystem round" from previous lead investors 1kx and Union Square Ventures, along with companies and projects such as Shopify, ConsenSys and Gnosis. The startup's current core offering allows users to easily connect integrated crypto wallets — such as MetaMask, Rainbow and Argent. Rather than a desire for an increased runway in a bear market, the round is motivated by a desire to switch up its business model from a SaaS model — which motivated its Series A — to, instead, collaborate with investors on a decentralized communications network.
Source
https://t.me/DApps_Web3
