Multi-chip cryptocurrency wallet XDEFI has actually raised another $6 million

XDEFI Wallet, a multichain cryptocurrency wallet that comes as a web internet browser extension, has really raised $6 million in a new round of financing, The Block reports. XDEFI plans to work with more designers to include support for Avalanche, Arbitrum and Solana.

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XDEFI co-founder Emile Duby stated it was a Series A funding round, which was performed through a mix of SAFT (a standard future token contract) and stock sales. The round was led by Mechanism Capital, with participation from DeFiance Capital, Alameda Research Study, Sino Global Capital, Animoca Brands, CoinGecko and Morningstar Ventures, to name a few.

XDEFI prepares to expand its present 27-person team by working with extra engineers and a head of development. The wallet similarly prepares to enhance exchange efficiency in between Layer-1 and Layer-2 blockchain networks.

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