Fundraising Fox

Reown

13 employees on LinkedIn · 21 known investors

Reown provides an SDK for accepting cryptocurrency payments from multiple wallet types, exchanges, and fiat onramps through a single integration. The platform serves app developers and businesses building web3 applications.

Also known as WalletConnect · WalletConnect Inc. · WalletConnect, Inc.

Investors · 21

Also in the syndicate · 6

BitGo VenturesCrypto.com CapitalFenbushiGlobal Digital Asset Holdings (SC Ventures and SBI Holdings joint venture)Shopify VenturesUnion Square Ventureslead

Funding

SEC filings, press & company announcements

$26M disclosed across 2 of 5 rounds · 2021–2025

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Reown is a blockchain infrastructure and developer-tools company, formerly named WalletConnect, Inc., that remains the core developer and maintainer of the open-source WalletConnect Network. Its products are organized around three areas: authentication (wallet connections across EVM chains, Solana and Bitcoin, plus social and email logins, Sign in with Ethereum (SIWE) and multichain auth (SIWX)), payments (onramps, swaps, and funding of in-app wallets from self-custodial or exchange wallets, including stablecoin retail payments through WalletConnect Pay), and analytics (visibility into sessions, drop-offs, wallets, chains and user behavior through the Reown Dashboard).

The company's flagship SDKs are AppKit (also referred to as the Reown SDK), used to build onchain applications with embedded wallets, smart accounts, fee sponsorships, swaps and on-ramps, and WalletKit, a toolkit for wallet teams; WalletKit projects have since been migrated to the WalletConnect SDK. AppKit is documented as supporting 500+ wallets and 10+ frameworks, with support for Ethereum and EVM networks, Solana, Bitcoin, Tron, Cosmos, Polkadot, Tezos, Hedera and others, as well as TON-based Telegram MiniApps. Reown describes its SDKs as open source, with paid Pro and Enterprise plans layering on advanced analytics, higher MAU and RPC limits, compliance features, custom support and SLAs.

Reown operates the Reown brand alongside the WalletConnect Network and WalletConnect Pay brands. Its leadership team comprises CEO Jess Houlgrave, CTO Riaz Bordie, CMO Steven Dolcemaschio, Chief Legal and Strategy Officer Chris Murrer, Head of Product Ignacio Rivera and Head of Ops and People Rachel Morris.

Founding story

Reown was founded in 2018 as WalletConnect to let users connect self-custody wallets to desktop applications so they could buy NFTs, play games or perform other onchain activities. The WalletConnect protocol was developed and launched that year and grew into the connectivity layer between wallets and apps.

Business model

Reown supplies developer infrastructure and SDKs to teams building onchain applications and wallets. Core SDKs are free to integrate and use in early stages, with paid Pro and Enterprise tiers unlocking additional features, advanced analytics and higher limits on monthly active users and RPC calls. As of the January 2025 funding announcement, the products were free and the company planned to introduce a pricing structure and begin generating revenue in the first quarter of 2025, retaining free versions while licensing an enterprise version to companies.

Freemium licensing of developer SDKs and infrastructure: free tier for early-stage adoption, with paid Pro and Enterprise plans that add advanced analytics, compliance-ready infrastructure, priority access to features, custom support/SLAs and higher usage limits.

Traction

At the time of the January 2025 Series B, the WalletConnect Network had surpassed 220 million connections and more than 35 million users globally, with over 20 million monthly connections for more than 5 million monthly users, and 200% network expansion in the prior year; WalletKit was used by over 600 wallets and the network spanned roughly 50,000 crypto projects and applications. Reown's website subsequently cites 20+ node operators, 700+ wallets and 70,000 apps, with AppKit supporting 500+ wallets. Named deployments include Stripe, Raise, Jupiter, Drift, Marinade, Morpho, Quickswap, Kiln, Dune and Ubisoft.

Latest developments

Following the January 2025 Series B, Reown said it would spend on R&D, expansion into new ecosystems and support for more blockchains, and would introduce paid pricing in Q1 2025. Product work highlighted in the sources includes Smart Sessions for crypto subscription payments, the WalletKit Chain Abstraction Roadmap, multichain AppKit support for Solana, Bitcoin and Telegram MiniApps, and the migration of WalletKit projects into the WalletConnect SDK. The company published a Reown Analytics overview in January 2026 and a State of DeFi 2026 report, and markets WalletConnect Pay for in-person and online stablecoin retail payments.

Full profile — market position, technology, go-to-market, geography, history

Market position

Reown positions itself as the onchain UX platform and the builder of the WalletConnect Network, which it describes as essential decentralized infrastructure with 20+ node operators, 700+ wallets, 70,000 apps and millions of users. The company argues its advantage over other wallet-connectivity SDKs is that it ships new protocol standards first, having authored the underlying network, and pairs connectivity with growth analytics.

Direct authorship and maintenance of the WalletConnect Network gives Reown early access to new protocol standards (exchange transfers, updated signing formats, security enhancements) ahead of other SDKs, and direct support from the protocol team. It combines wallet connectivity with built-in analytics and payments in a single SDK spanning EVM, Solana, Bitcoin, Tron and other ecosystems, with open-source code plus enterprise compliance and support options.

Technology

Reown's stack builds on the WalletConnect protocol, an open-source connectivity layer between wallets and applications launched in 2018. AppKit provides wallet login flows, embedded wallets, smart accounts, fee sponsorship, swaps and on-ramps across multiple chains and 10+ developer frameworks; WalletKit provides libraries and APIs for wallets to connect to onchain apps. Additional capabilities include Smart Sessions for recurring/subscription crypto payments without escrow accounts, a Chain Abstraction Roadmap aimed at removing chain-swapping and bridging friction, gas abstraction, and multichain authentication standards (SIWE and SIWX). Analytics instrumentation covers sessions, drop-offs, wallets, chains and user behavior.

Go-to-market

Self-serve developer adoption through open-source SDKs, documentation, the Reown Dashboard and free entry-tier usage, complemented by an enterprise sales motion ("contact sales", enterprise plans and pricing page). Developer support runs through GitHub Discussions, an in-dashboard AI assistant and Ethereum StackExchange. Content marketing includes case studies (e.g., Morpho and Quickswap), integration guides for specific networks (Plume, Viction) and research reports such as the State of DeFi 2026.

Developers and teams building onchain applications — DeFi protocols, payments products, onchain social apps, NFT/RWA marketplaces, prediction markets and blockchain games — as well as wallet teams, custodians, enterprises and institutions. Named users include Morpho, Quickswap, Oku Finance, Kiln, Drift, Jupiter, Marinade, Dune, Ubisoft, Stripe and Raise; wallet and custody users include Trust Wallet, OKX Wallet, Binance Web3 Wallet, Bitget Wallet, Crypto.com Onchain, Fireblocks, BitGo, HexTrust and Anchorage.

Geography

The Series B announcement was issued from New York. The company describes the WalletConnect Network's users as global, and plans to use funding to expand into new ecosystems and support additional blockchains; no further office locations are stated in the sources.

History

Founded in 2018 as WalletConnect, the company raised a $1.25 million seed round led by 1kx in April 2021, an $11 million Series A closed in March 2022, and a $12.5 million "ecosystem round" announced in November 2022. In September 2024 it rebranded from WalletConnect, Inc. to Reown as the protocol moved toward decentralization, with the WalletConnect Foundation introducing the WalletConnect Token (WCT) on Optimism's OP Mainnet at the same time. In January 2025 Reown announced a $13 million Series B, bringing total funding to $38 million. The company continues as core developer of the WalletConnect Network and operates the Reown, WalletConnect Network and WalletConnect Pay brands.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Apps on the WalletConnect NetworkJan 202670,000 apps
Crypto projects and applications on the networkJan 202550,000 apps
Monthly active usersJan 20255,000,000 users/month
Monthly wallet connectionsJan 202520,000,000 connections/month
Total funding raised to dateJan 2025$38M
WalletConnect Network cumulative connectionsJan 2025220,000,000 connections
WalletConnect Network node operatorsJan 202620 node operators
WalletConnect Network users globallyJan 202535,000,000 users
WalletConnect Network year-over-year expansionJan 2025200%
Wallets on the WalletConnect NetworkJan 2026700 wallets
Wallets supported by AppKitJan 2026500 wallets
Wallets using WalletKitJan 2025600 wallets

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 6

launches, deals, and filings
Jan 2026
Reown Analytics overview published

Reown published a product update detailing its Analytics offering, which provides visibility into sessions, drop-offs, wallets, chains and user behavior.

source ↗

Jan 2025
Reown closes $13 million Series B led by Union Square Ventures and 1kx

Reown (formerly WalletConnect) announced a $13 million Series B led by USV and 1kx, with Global Digital Asset Holdings, Shopify Ventures, Kraken Ventures, Crypto.com Capital, Figment, Kiln, Everstake, BitGo Ventures and Fenbushi participating. Proceeds are earmarked for R&D and expansion of its AppKit and WalletKit SDKs into new ecosystems and blockchains.

$13M source ↗

Jan 2025
AppKit adds multichain support for Solana, Bitcoin and Telegram MiniApps

Originally built for Ethereum and EVM-compatible chains, AppKit added support for Solana, then Bitcoin, and TON-based Telegram MiniApps.

source ↗

Jan 2025
Smart Sessions announced

Reown announced Smart Sessions, a feature addressing subscription payments in crypto without relying on escrow accounts.

source ↗

Sep 2024
WalletConnect, Inc. rebrands to Reown

The company rebranded from WalletConnect, Inc. to Reown as part of the protocol's transition toward decentralization; the WalletConnect Foundation concurrently introduced the WalletConnect Token (WCT) on Optimism's OP Mainnet. Reown remains the core maintainer of the WalletConnect Network.

source ↗

Jan 2018
Launch of the WalletConnect Network

The open-source WalletConnect protocol, enabling connections between apps and self-custody wallets, was developed and launched by the company (then WalletConnect) in 2018.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Reown do?
Reown, formerly WalletConnect Inc., builds SDKs and infrastructure for wallet connectivity, payments and analytics in onchain apps.
Who are Reown's investors?
Reown's investors include 1k(x), 1kx, Coinbase Ventures, SC Ventures, Triton Capital, ConsenSys, Crypto com Capital, Everstake and 7 more.
How much funding has Reown raised?
Reown has disclosed $26M raised across 2 of its 5 known rounds.