According to media reports, Web3 wallet Omni announced that it has completed a $11 million equity financing at a valuation of $50 million. Investors include MEXC Ventures (a fund owned by MEXC) as well as Spartan Group, GSR Markets, Eden Block, OP Crypto, etc.
What is Omni?
Omni, once known as Steakwallet, has mobile and staking functions and supports users' cross-chain transfers. It was founded by Serafin Lion Engel, Alex Harley and James Stackhouse.
At present, Omni has built a smart contract middleware to support users to pledge tokens through more than 20 protocols, and display NFT based on different blockchains on mobile applications. In the future, Omni will be integrated into zkSync and StarkNet and more L2 networks.
Omni is a very easy to use Web 3 application that can do everything without sacrificing even a small portion of autonomy.
MEXC Partnership
MEXC Ventures is a cryptocurrency trading platform MEXC. It is a diversified fund dedicated to technology industries such as digital assets, cryptocurrencies and blockchain. By providing professional consulting services, technical and financial support, it helps entrepreneurs and teams develop and succeed in the blockchain industry for a long time and achieve success.
The future of blockchain is an organic ecosystem where multiple L1 and L2 are intertwined. The wallet is the first step in the user's web3 experience, like a transportation hub. Therefore, smooth interoperability with each chain and layer is very important. Omni caters to market demand and makes up for the shortcomings of current competitors. From the perspective of user experience, it can make it easier for users to manage assets and interoperate contracts on various chains.
At present, MEXC Ventures has invested in more than 50 blockchain projects, including Avalanche, Mina, Qredo, Polkadot, Manta, Dorafactory, Raydium, etc.
