Xion is a modular Generalized Abstraction layer-one blockchain designed to enable seamless user experiences and consumer-ready Web3 products. The protocol allows developers to build, launch, and scale consumer-facing applications while prioritizing ease of onboarding. Xion is the first blockchain to integrate USDC as its primary transactional currency, aiming to provide predictable pricing across ecosystem interactions. Its Meta Accounts remove the need for direct private key management while remaining fully non-custodial and support Web2-friendly onboarding via email and biometrics. Meta Accounts also enable cross-device usage, key rotation, multi-factor authentication, and account recovery. The company reported product traction in testing with more than 1.3 million Meta Accounts created, over 15 million transactions processed, and an ecosystem of more than 150 projects. The new $25M in funding will be used to rapidly expand development and grow Xion’s global ecosystem.

Total raised

$25M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2024