Soul Wallet offers an online, self-custodial Ethereum wallet built on the ERC-4337 account-abstraction standard to add smart contract capabilities to wallets. Its product targets legacy UX issues—removing reliance on seed phrases by enabling social recovery and adding programmable features such as paying gas fees with stablecoins. The team positions the product as aiming for the next billion crypto users, with particular focus on adoption in developing regions rather than directly poaching users from incumbents like MetaMask. Soul Wallet is currently undergoing internal testing and is scheduled to launch in Q3 or Q4 after a series of audits. The startup has a team of about a dozen people across the U.S., Japan, Thailand and China. Financially, the company recently closed a $3 million seed round to support its development.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2023