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XDEFI Raised $6 Million to Build Its DeFi Browser Wallet

A next-gen browser wallet, XDEFI Wallet, has confirmed a $6 million round which was led by Mechanism Capital. The money will be used to create its DeFi browser wallet.

Other big names that took part are DeFiance Capital, Alameda Research, Sino Global Capital, Animoca Brands, Morningstar Ventures, CoinGecko, Darren Lau (The Daily Ape), Mark Zeller (Aave), Scoopy Trooples, and Mariano Conti.

Andrew Kang from Mechanism Capital declared:

“The crypto landscape has gone through an immense change in the last year through the explosion of DeFi, NFTs, and Multichain ecosystems. We are excited to back the XDEFI team, which built a beautiful product for users to take full advantage of the true Web3 experience.”

The CEO of XDEFI Wallet, Emile Dubié, commented:

“In DeFi and NFTs, speed is alpha. The faster you can get into a mint, the faster you can move across chains, the faster you can sign a transaction – these things determine your ability to seize an opportunity or not. XDEFI Wallet has been built to give DeFi users a speed edge.”
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