Web3 wallet Martian nets $3 pre-seed


Martian, a web3 wallet, has landed $3m in a pre-seed funding round headed by investor Race Capital.

Also participating in the round were FTX Ventures, Superscrypt, Jump Capital and Aptos.

Martian aims to help users cut through the noise with its simple web3 wallet. In just a few steps, Martian users can start interacting with decentralized applications on Aptos, to buy, swap tokens or collect different NFTs.

Since its launch earlier this year, Martian has become the most used wallet on Aptos and the Move ecosystem, with close to 1 million total installs and over 600,000 users on the Chrome extension according to Chrome Webstore data.

Martian had more than 650,000 total installs in seven days post-Aptos mainnet launch on October 18. More than 2 million transactions were successfully approved on mainnet through Martian Wallet within the first three days of the Aptos mainnet launch. The firm has also secured a grant from Aptos.

Furthermore, it supports and has partnerships with multiple decentralized applications including Tortuga, Aptos Name Service, Topaz, Souffl3 and more, as well as with Wormhole and LayerZero on its cross-chain efforts.

Martian intends to use the proceeds to accelerate its hiring process and develop new wallet features to onboard the next billion crypto users.

Martian co-founder Utkarsh Sinha said, “Move-based blockchains like Aptos will transform web3 innovation because of their higher composability and friendly developer experience. We created Martian to make it easy for users exploring Aptos. With this funding, we will continue to scale out our engineering team and achieve our ambitious product roadmaps for users.”

Crediclub, a Mexican lending platform, recently raised $80m in a recent investment round following a partnership with investor L Catterton.

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