Ambire develops a hybrid Web3 wallet that combines externally owned accounts (EOA) and smart accounts, enabling users to manage their crypto assets with enhanced security and flexibility. The wallet allows for gas fee payments in any token and transaction batching, addressing the complexities and costs associated with traditional crypto transactions.
Funding
$15M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
LVFounders
Product
Problem
Managing crypto assets across different chains and applications can be complex and costly, often requiring users to pay gas fees in specific tokens and execute multiple transactions separately. Traditional externally owned accounts (EOAs) lack advanced security features and the flexibility to optimize transaction costs.
Solution
Ambire Wallet is a hybrid Web3 wallet that combines the familiarity of externally owned accounts (EOAs) with the advanced functionality of smart accounts, providing users with a secure and user-friendly experience. The wallet enables users to pay gas fees in any token, batch transactions to save on gas costs, and simulate transactions on-chain to preview outcomes before execution. By supporting both EOA and smart accounts, Ambire Wallet bridges the gap between ease of use and advanced security, allowing users to manage their crypto assets with enhanced control and flexibility across multiple EVM networks.
Target Audience
The primary target audience includes cryptocurrency users seeking a secure, flexible, and user-friendly wallet solution that simplifies asset management across multiple chains and provides advanced features like gas optimization and transaction simulation.
Features
- Hybrid account structure supporting both externally owned accounts (EOAs) and smart accounts
- Gas Tank feature allowing users to prepay gas fees in any token on any supported network
- Transaction batching to combine multiple actions into a single transaction, reducing gas costs
- On-chain transaction simulation to preview the outcome of transactions before execution
- Support for Trezor, Ledger, and Lattice hardware wallets for enhanced security
- Open-source smart contracts audited by Code4Arena and independent auditors
- Multi-chain support, allowing users to add and manage any EVM network
- $WALLET DAO governance, enabling community participation in wallet development