Venly (formerly Arkane Network) builds blockchain-agnostic wallet, NFT, and marketplace services and APIs aimed at letting Web2 companies integrate Web3 without sacrificing user experience or security. The company’s core offerings include wallets, marketplace tooling and a Shopify integration targeted at e-commerce. Venly is prioritizing growth in gaming by launching an accelerator track for game studios and Web3 startups that offers discounted Venly licenses, guidance, and access to its partner ecosystem. E-commerce is the next priority for expansion, and the company plans to roll out the VENS Token to drive loyalty and engagement on the Venly Market. The startup emphasizes improving Web3 usability to align more closely with Web2 expectations. Financially, Venly has raised over €21 million to fund these product and ecosystem initiatives.

Total raised

$22M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2022