Ethereal and ConsenSys invest in Wallet Guard

Wallet Guarda browser extension allowing the users from Web3 to be protect from threats online, has completed a priming round led by Ethereal Ventures.

Sunday evening, Wallet Guard has announced that it has received a investment (amount not disclosed) from venture capital firms Ethereal Ventures and IOSG Ventures As well as the Ethereum studio ConsenSys.

The open source browser extension developed by Wallet Guard offers a ” multilayer defense “ranging from the detection of phishing to transactional simulation. The solution detects and blocks malicious activity while simplifying transaction processes.

‍We founded Wallet Guard to pursue one mission: to make security accessible to all users so they can stay ahead of the ever-changing threat landscape,” the startup wrote in its announcement.

Wallet Guard plans to roll out new features such as “approval revocation” and B2B APIs in the future.

🚀 We’re excited to announce Wallet Guard’s pre-seed fundraise!

Our pre-seed round was led by @etherealvc, with participation from @ConsenSys, @IOSGVC!

Wallet Guard is on a mission to make Web3 security accessible for all 🔐 pic.twitter.com/W8fj5YijUn

– Wallet Guard (@wallet_guard) April 16, 2023

“We are grateful for the support and confidence of our investors who share our vision of securing the Web3 via user-centric tools,” the company concluded.

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