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RootData stated that Xverse completed a strategic funding round led by Draper Associates.
[New Fundraising] Xverse has closed a strategic funding round led by Draper Associates
Xverse is a non-custodial Bitcoin Web3 wallet supporting Bitcoin mainnet and Layer 2 networks such as Stacks and Starknet. Users can securely store, send, and receive Bitcoin, Ordinals, Runes, BRC-20 tokens, and swap tokens via built-in exchange。
Source: https://x.com/xverse/status/2107078372769816704?s=20
RootData stated on Telegram that Xverse has completed a strategic funding round led by Draper Associates.
Xverse is a non-custodial Bitcoin Web3 wallet that supports Bitcoin mainnet as well as networks such as Stacks and Starknet Layer 2.
Xverse supports storing, sending, and receiving Bitcoin,Ordinals、Runes、BRC-20 tokens, and exchanging tokens through its built-in exchange.
The following is analysis, separate from reported facts. Verify important claims independently.
This means Xverse claims to have secured a strategic investment round led by Draper Associates. The materials do not specify the funding amount, valuation, or other investors.
The funding news indicates that Xverse is advancing its Bitcoin and related Layer 2 wallet products, but the materials do not specify the use of funds or subsequent plans.
A non-custodial wallet generally means that users manage their own assets rather than having the platform hold them on their behalf; the materials also state that Xverse supports multiple Bitcoin-related assets and networks.
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View glossary →A secondary protocol or framework built on an existing blockchain to offload transaction processing, increase speed, and reduce costs.
View glossary →A Bitcoin protocol that numbers satoshis according to mining order and allows data to be inscribed on satoshis.
View glossary →An experimental standard for minting and transferring fungible tokens on the Bitcoin blockchain using the Ordinals protocol.
View glossary →