Braavos, a Web3 wallet built on the widely used StarkNet Layer-2 protocol has raised the sum of $10 million in a new funding round, which comes as one of the high-growth protocols on StarkNet to receive such funding.

According to an email update shared with block chain.news, the funding round was led by Pantera Capital, with the participation of Road Capital, BH Digital, DCVC, Crypto.com, Matrixport and Starkware.

With many startups currently working to ensure that the infrastructures available in the Web3 ecosystem are easy to use and friendly enough to drive continued adoption of the technology across the board, startups like Braavos are jumping into the fray to provide a highly functional and easy to use. -Use self-custody wallet.

The Braavos wallet allows its users to access DApps and exchange tokens directly in US dollars, while also providing developers with a conducive environment to access tools that they can use to create new products and test them using the wallet.

“Crypto today remains too technical and complex for many users, requiring them to deal with seed phrases and security keys, suffer from low error tolerance, and educate themselves on non-trivial DeFi protocols. Our mission is to remove these high-friction roadblocks and give users the seamless experience they deserve, while preserving the core crypto values ​​of decentralization and self-custody,” said Motty Lavie, Founder and CEO of Braavos.

Based on its solution, ecosystem growth, and network of high-profile investors and partners, Braavos’ vision is to ensure that every Web3 user has a friendly experience when using Web3.0 wallets.

The wallet seeks to demystify the complexity associated with other self-custody wallets and eliminate the monopoly held by wallets linked to centralized exchanges with its simplicity across the board.

In an offer to outperform other competitorsThe Braavos wallet is available on mobile devices and in a web browser, and is easily accessible to all users, regardless of how they connect to the Internet.

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