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Hyphen

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Category: Bridge
TVL: $254K

Biconomy

Biconomy provides infrastructure that acts as a universal interface to all chains, powering the future of blockchain UX. It enables developers to orchestrate complex multi-transaction sequences across one or more blockchains, combining function calls, bridges, and gas abstraction for a seamless user experience. Users can execute complex DeFi actions, set scheduled transactions, and enable agentic automation gaslessly with a single signature, even across multiple chains. Key features include Chain Abstraction, Cross-Chain Composability, Multichain Gas Abstraction, Unified Balances, and One-Click Onboarding. The platform supports all EOA users (even without EIP-7702) and is built on modular account standards like ERC-4337 and ERC-7579. Transactions are processed by the Biconomy Network, a distributed and redundant network of nodes.
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Funding Rounds

Funding Round: Strategic
Funding Date: 28 Mar, 2024
Funding Round: ICO
Funding Date: 28 Oct, 2021
Raised Amount: $12M
Funding Round: Unknown
Funding Date: 28 Jul, 2021
Raised Amount: $9M
Funding Round: Seed
Funding Date: 31 Dec, 2020
Raised Amount: $1.5M

Investors

Hyphen

Hyphen offers a self-custodial mobile wallet SDK designed for the Flow blockchain, aiming to simplify the user experience to Web2 levels while ensuring the security of a cold wallet. It supports easy onboarding with familiar login methods, secure multi-sig cold wallet storage on mobile devices, and a recovery system to regain access even in case of device loss. Hyphen's platform-native features and multi-sig scheme aim to resolve the trilemma of UX, security, and recoverability in crypto wallets.
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