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DeThingsNews

🔵Crypto wallet Keplr completes $5 million seed round financing, led by 1confirmation

DeThings, January 23 - According to The Block, crypto wallet provider Keplr has completed a $5 million seed round financing, led by 1confirmation, with participation from Coinbase Ventures, HashKey Capital, Chorus One Ventures, Skip Protocol, Binary Builders, and others. Co-founder Josh Lee stated that the equity financing was completed at the end of last year, and Keplr’s valuation is $50 million.

With the new funding, Keplr plans to enhance its platform by hiring more personnel for its engineering and product development teams. The company aims to improve user experience and expand support for both EVM and non-EVM blockchains. Keplr has no plans to issue tokens. Lee stated, "Before we start considering a token, we need to first establish a larger blueprint connecting Keplr ownership, verifiability, and usability."

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