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Locksmith Wallet
Locksmith Wallet is a crypto self-custody platform offering smart, on-chain wallets designed to be un-drainable and to support asset recovery without seed phrases. It targets everyday crypto users and companies who want to consolidate multiple wallets, manage shared accounts, and protect assets from hot-wallet compromise.
Distributed
Description
Locksmith Wallet builds fully on-chain, 100% decentralized smart accounts (called 'Trusts') that let users organize and unify multiple crypto wallets into a single, secure structure. Users deposit crypto into secure smart accounts connected to, but separate from, their personal wallets, so that even if a wallet is drained or lost, the underlying funds remain safe and recoverable by reconnecting a new wallet. The product eliminates the need for seed phrases by allowing users to set up recovery using any wallet, including centralized exchanges like Coinbase. Locksmith requires no downloads and integrates with existing wallets and dApps, serving individuals with multiple wallets, groups managing shared accounts, and users seeking stronger protection for hot wallets used for signing.Grant Funding
VC Funding
OP
$88K
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