MSafe Raises $5 Million Seed


MSafe, a pioneer in establishing the first multi-signature wallet solution on the Aptos / Move ecosystem, has completed a $5 million seed funding. Jump Crypto led this round of funding, which included participation from Circle Ventures, Coinbase Ventures, Superscrypt (established by Temasek), Redpoint Ventures, SV Angel, Shima Capital, Spartan Group, and others.

MSafe has gained rapid adoption by decentralized exchange (DEX), decentralized finance (DeFi), non-fungible token (NFT) developers, and others after launching the first multi-signature wallet on Aptos mainnet in Oct 2022. MSafe’s wallet solution is meant to provide exceptional security, full interoperability, and real decentralization, tackling the key issues in digital asset mass adoption.

MSafe, which is built on Move, a safe and secure programming language for Web3, offers an additional layer of security on top of Move, protecting user wallets, assets, code, and accounts while also providing a secure infrastructure for the Move-based Web3 ecosystem. MSafe connects businesses to the Move-based ecosystem and helps secure assets while letting teams to co-manage on-chain assets together. It is scalable for enterprises, organizations, and individual users.

MSafe (aka Momentum Safe) was founded in Aug 2022 by experienced blockchain & digital asset wallet developers, with HQ in Silicon Valley. As a wallet-as-a-service provider, MSafe specializes in providing multi-signature wallet solutions centered around security, interoperability and decentralization. MSafe, launched the first multi-sig wallet solution for the Aptos / Move-based ecosystem. MSafe is backed by notable investors in Web3 and Web2, such as Jump Crypto, Circle Ventures, Coinbase Ventures, Superscrypt, Redpoint Ventures, SV Angel, Shima Capital, and Spartan Group.

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