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On-chain user experience platform Reown completes $13 million Series B financing, led by USV and 1kx

On-chain user experience platform and WalletConnect network builder Reown announced the completion of $13 million Series B financing, Union Square Ventures (USV) and 1kx led the investment, Global Digital Asset Holdings (a joint venture established by SC Ventures and SBI Holdings), Shopify Ventures, Kraken Ventures, Crypto.com Capital, Figment, Kiln, Everstake, BitGo Ventures and Fenbushi participated in the investment. As of now, the company has raised a total amount of 38 million US dollars. The new funds are intended to be used to build its SDKs - Reown AppKit and Reown WalletKit to further develop the on-chain user experience platform, solve the problem of using crypto subscription payment without using escrow account, and its crypto solution customers include financial infrastructure platform Stripe and Gift Card Giant Raised.