What is Xverse?

Xverse is the leading Bitcoin wallet for Web3, providing first-class support for Ordinals, NFTs, DeFi, and decentralized applications. With a beautifully designed, easy-to-use wallet available on iOS, Android, and desktop as a Chrome browser extension, Xverse lets users securely manage Bitcoin on layer 1 as well as layer 2 networks like Stacks, and soon, the Lightning Network.

Why we invested?

Bitcoin remains the most immutable Blockchain network even though it was launched more than a decade ago. Bitcoin DeFi is yet to explode and is going to be the next big thing in the Web3 space. Ordinals Protocol and BRC-20 tokens demonstrated the potential of Bitcoin and they collectively reached over $1B in total market cap and continue to grow.

The existing Bitcoin wallets exhibit a complex user experience that poses limitations on the expansion of Bitcoin DeFi. Xverse, however, aims to rectify this issue by offering a user-friendly wallet solution, potentially becoming a catalyst for the upcoming Bitcoin DeFi summer.


Xverse has secured $5M in total funding from some of the biggest VCs in the Web3 space.

Achievements so far

  • Over 350k Downloads and Counting:
  • Xverse has garnered remarkable traction, with its mobile wallet and extension being downloaded over 350,000 times, and continues to attract a rapidly expanding user base. This level of adoption underscores the platform's popularity and signifies its success in delivering valuable solutions to users.
  • Pioneering Hardware Wallet Integration for Ordinals and BRC-20 Tokens with Ledger:
  • Xverse has collaborated with Ledger, a leading name in hardware wallet security, to introduce the first-ever hardware wallet integration for Ordinals and BRC-20 tokens. This integration not only enhances security but also highlights Xverse's commitment to staying at the forefront of technological advancements in the crypto space
  • Swaps Introduced through Xverse Chrome Extension in Partnership with ALEX:
  • Xverse has brought the convenience of decentralized token swaps to its users through a collaborative effort with ALEX, a decentralized exchange protocol. The successful launch of swaps on the Xverse Chrome extension enriches the user experience and opens up seamless opportunities for users to exchange tokens without leaving the wallet interface.
  • Impressive Total Value Locked in Xverse Earn:
  • The Xverse Earn feature has demonstrated substantial growth, with the total value locked reaching an impressive $21.6 million. This achievement showcases the trust and confidence that users place in Xverse's platform to generate returns on their holdings.

Challenges in the current landscape

  • Lack of a User-Friendly Bitcoin Wallet:
  • Navigating the world of cryptocurrencies can be daunting for newcomers, and the absence of an intuitive and user-friendly Bitcoin wallet exacerbates this issue. Many current wallets present complex interfaces that require a steep learning curve, deterring potential users from entering the space. A user-friendly Bitcoin wallet is crucial for encouraging mass adoption, as it empowers individuals of all technical backgrounds to manage their Bitcoin holdings and engage with the broader ecosystem effortlessly.
  • Lack of Mobile-Friendly Wallets:
  • The widespread use of smartphones has made mobile accessibility a necessity, yet the cryptocurrency world still grapples with a dearth of truly mobile-friendly wallets. Mobile wallets that seamlessly integrate with Bitcoin and its associated layers, while maintaining security and functionality, remain relatively scarce. This challenge is pivotal to address, as the convenience and accessibility offered by mobile wallets can significantly expand Bitcoin's reach and utility, enabling transactions and engagement on the go.
  • Low Bitcoin DeFi Adoption:
  • Decentralized Finance (DeFi) has gained remarkable traction in the crypto space, with various platforms and protocols enabling users to lend, borrow, trade, and earn interest on their cryptocurrencies. However, the adoption of DeFi on the Bitcoin network, often referred to as "Bitcoin DeFi," remains limited. Integrating Bitcoin's unmatched market capitalization and liquidity with the innovative potential of DeFi applications could usher in a new era of financial services. Overcoming the challenge of low Bitcoin DeFi adoption involves creating user-friendly platforms that seamlessly merge Bitcoin's attributes with the diverse possibilities of DeFi applications.

Xverse’s Solutions and Product Offerings

  • User-Friendly Wallet Interface:
  • Xverse prioritizes a user-friendly wallet interface, designed to simplify crypto management for users of all technical backgrounds. The interface offers intuitive navigation, clear transaction histories, and a comprehensive overview of users' Bitcoin and token holdings.
  • Hardware Wallet Integration:
  • Collaborating with Ledger, Xverse has integrated hardware wallet support for Ordinals and BRC-20 tokens. This integration enhances security by enabling users to store their assets offline on Ledger hardware wallets, safeguarding against potential online threats.
  • Token Swaps on Chrome Extension:
  • Through a strategic partnership with ALEX, Xverse has introduced token-swapping capabilities directly on its Chrome extension. This feature empowers users to seamlessly exchange tokens without the need to leave the wallet interface, providing convenience and efficiency.
  • Mobile Accessibility:
  • Xverse is actively working on integrating Bitcoin-based DeFi applications into its ecosystem, allowing users to access various DeFi services such as lending, borrowing, and yield farming while leveraging the inherent security of the Bitcoin network through Stacks and other layers of Bitcoin.
  • Decentralized Finance (DeFi) Integration:
  • Xverse is actively working on integrating Bitcoin-based DeFi applications into its ecosystem, allowing users to access various DeFi services such as lending, borrowing, and yield farming while leveraging the inherent security of the Bitcoin network through Stacks and other layers of Bitcoin.
  • Community Engagement:
  • Xverse places a strong emphasis on building and nurturing a vibrant user community. Through active engagement on social platforms, forums, and dedicated support channels, Xverse aims to address user queries, gather feedback, and foster a collaborative Bitcoin ecosystem.


In conclusion, Xverse stands as a promising and dynamic player in the ever-evolving landscape of Bitcoin. With its unwavering commitment to user-centric solutions, strategic collaborations, and innovative endeavors, Xverse has demonstrated its ability to carve a unique path within the industry.

By addressing key challenges, fostering user engagement, and embracing cutting-edge technologies, Xverse has positioned itself as a platform poised to facilitate broader adoption and utility of Bitcoin and its associated layers. The wallet's achievements, including significant download milestones, hardware wallet integration, and partnerships for enhanced functionality, highlight its dedication to pushing the boundaries of what is achievable in the Bitcoin DeFi space.

As the Bitcoin ecosystem continues to mature, Xverse's dedication to user accessibility, security, and educational initiatives signifies its role as a catalyst for both newcomers and experienced users seeking seamless engagement with cryptocurrencies. With an active community, a commitment to continuous improvement, and a vision that aligns with the changing demands of the digital era, Xverse has the potential to contribute significantly to shaping the future of Bitcoin and its multi-layered ecosystem.