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WalletConnect raises $12.5m in new funding

Decentralized web3 communications protocol raised $12.5m in new funding led by Shopify.

"We want to eventually decentralize fully into a token network," said founder and WalletConnect CEO Pedro Gomes. "We were researching and developing how this infrastructure might work and put together a wish list of people we believe are the best potential partners for it and that's how this round came together."

Tags

web3, protocol