Bitget Wallet Web3 Wallet Raises $15 Million in Series A Funding, Reaching a $100 Million Valuation

Series A Funding Round Raises $15 Million

Bitget Wallet (formerly BitKeep), a leading cross-chain wallet in the Web3 industry, has announced the completion of a major Series A funding round. The company secured over $15 million, reaching a valuation of $100 million. This milestone marks Bitget Wallet’s emergence as a key player in the blockchain wallet ecosystem.

With Series A funding secured, Bitget Wallet has established itself as the top blockchain wallet in Asia, measured by three core indicators: active user count, revenue scale, and company valuation. This success demonstrates the market’s strong confidence in Bitget Wallet’s business model and its long-term vision for building Web3.0 infrastructure.

The newly raised capital will accelerate product development, expand the cross-chain DApp ecosystem, and strengthen the technical team. Bitget Wallet is committed to ongoing innovation in wallet security technology and user experience, making it the premier gateway to Web3.0.

Dragonfly Capital Leads Investment

Dragonfly Capital, one of the world’s most influential blockchain investment firms, led this funding round as the primary investor. Their strategic decision underscores strong conviction in Bitget Wallet’s long-term potential within the crypto wallet sector.

Mia, partner at Dragonfly Capital, commented: “The Bitget Wallet team has successfully weathered both bull and bear market cycles in blockchain. Through continuous iteration, they have gained unique insights into wallet products and have built connections across the rapidly expanding cross-chain DApp ecosystem.”

Mia further highlighted Bitget Wallet’s role as an entry-level product for Web3.0: “By serving millions of users, Bitget Wallet has the potential to become the definitive gateway for Web3.0. Dragonfly Capital is honored to lead Bitget Wallet’s Series A funding.”

Notably, this marks Dragonfly Capital’s second investment in the crypto wallet sector, following their previous backing of Consensys, MetaMask’s parent company. The investment in Bitget Wallet is Dragonfly Capital’s largest wallet investment to date, reflecting their extraordinary confidence in the Bitget Wallet team and its vision.

Strategic Investor List

In addition to Dragonfly Capital, Bitget Wallet’s Series A attracted participation from leading investment institutions in blockchain and crypto. The diverse investor base highlights the wide appeal of Bitget Wallet’s business model across sectors.

Strategic investors include global crypto heavyweights such as A&T Capital, Foresight Ventures, and SevenX—all known for their portfolios in top-tier blockchain projects. Their involvement brings not only financial resources, but also broad industry networks and expertise.

Other notable participants include investment platforms and venture capital leaders Matrixport, Bixin Capital, and Danhua Capital (DHVC). These institutions offer deep experience in blockchain ecosystem development and will provide valuable strategic guidance for Bitget Wallet’s ongoing growth.

Peak Capital and YM Capital also joined, further strengthening the investor base with both regional and global perspectives. This diverse mix of backgrounds and specialties creates powerful synergy for Bitget Wallet’s international expansion.

This varied investor composition delivers substantial capital and unlocks strategic collaboration opportunities with major players in the Web3.0 ecosystem, reinforcing Bitget Wallet’s position as critical infrastructure in the crypto space.

Future Vision: Cross-Chain DAO Ecosystem

Bitget Wallet founder Kevin shared deep insights on the company’s four-year journey in blockchain via Twitter, thanking the core team for their dedication and the millions of users supporting the platform’s growth.

Kevin’s most notable announcement is Bitget Wallet’s upcoming development phase, which will launch the “Cross-Chain DAO” model as the core strategy. This innovative approach aims to transform traditional tech industry organizational structures.

Kevin explained that the Bitget Wallet team and investors will break from conventional “shareholder,” “company,” and “employee” models. Through Cross-Chain DAO governance, every Bitget Wallet user can become an integral part of the cross-chain ecosystem. This model captures the true spirit of Web3.0 decentralization, delivering more equitable distribution of power and benefits.

By pioneering this new collaborative model, Bitget Wallet’s long-term vision is to build a comprehensive Web3.0 cross-chain layer protocol. This ambitious mission positions Bitget Wallet not just as a crypto wallet, but as a foundational infrastructure and driving force behind the metaverse’s development.

With the Cross-Chain DAO approach, Bitget Wallet is committed to fostering a more inclusive, transparent, and sustainable ecosystem. The model empowers community participation in strategic decisions, resource allocation, and product direction—setting a bold new standard for organizational governance in the Web3.0 era.

Successfully implementing the Cross-Chain DAO model will test Bitget Wallet’s ability to innovate in both technology and organizational design. Backed by strong financial support and a robust user base, Bitget Wallet is well positioned to deliver on this transformative vision and help shape the future of the Web3.0 ecosystem.

FAQ

What is Bitget Wallet and what are its core functions?

Bitget Wallet is a multi-chain crypto wallet that empowers users to store, send, and receive digital assets. Key features include cross-chain asset management, token swaps, crypto staking, and seamless access to decentralized applications (dApp) through a secure, user-friendly interface.

How is Bitget Wallet different from MetaMask, Trust Wallet, and other Web3 wallets?

Bitget Wallet delivers direct trading integration, robust multi-chain support, an intuitive interface, and enterprise-grade security, giving users full control over their digital assets—setting it apart from competing wallets.

What does Bitget Wallet’s Series A funding mean? How will the funds be used?

The $15 million Series A raise at a $100 million valuation signals strong investor trust in Bitget Wallet. Funds will support wallet technology development, team growth, enhanced security, and broaden product reach throughout the Web3 ecosystem.

Is Bitget Wallet safe to use? What security measures protect user assets?

Bitget Wallet leverages military-grade encryption, multi-factor authentication, and complete private storage. It supports true self-custody—users retain full control of their private keys, minimizing risk of fund loss.

Which blockchain networks and tokens does Bitget Wallet support?

Bitget Wallet supports over 100 leading blockchain networks, including Bitcoin, Ethereum, Solana, Polygon, BNB Chain, Arbitrum, Optimism, and more. It’s compatible with thousands of tokens across diverse ecosystems for a comprehensive trading experience.

How do you trade and manage assets in Bitget Wallet?

Bitget Wallet offers seamless trading through its intuitive interface, supporting token swaps and direct purchases. For asset management, users can monitor portfolios in real time, track holdings, and manage multiple assets securely in a decentralized wallet.