Mutiny Wallet, a web and privacy-focused bitcoin wallet, has raised over $300,000 in preset funds to build its platform.
Mutiny WalletA web-first bitcoin wallet, it has raised just over $300,000 in seed funding, which will help them in their goal of building an “easy-to-use bitcoin wallet with exceptional privacy, scalability, and accessibility.”
Company founders include Tony Giorgio, an engineer with extensive experience in Bitcoin and Lightning startups since 2018, Ben Carman, former Principal Engineer at The Bitcoin Company, and Paul Miller, who previously worked on Voltage’s R&D team and He has contributed to numerous projects in the Bitcoin and Lightning space such as OpenSats, Fedimint, and BDK. In the announcement, they detailed their desire to build an everyday spending wallet for “highly demanding cypherpunk bitcoiners and their new friends who are just starting out down the rabbit hole” after extensive experience in the Bitcoin industry.
Mutiny Wallet is a self-custodial and privacy-focused wallet. It is capable of running anywhere, providing instant onboarding and resistance to platform censorship. In addition to the wallet, Mutiny is developing a next-generation node implementation tailored to the Mutiny Wallet and will integrate Lightning and on-chain privacy tools.
The announcement explained how the company wants to “make bitcoin, Lightning, and privacy best practices as easy as clicking a link.”
“We believe that bitcoiner best practices are best practices, and we want to provide the best user experience and technology to enable users to use bitcoin the right way and for the long term, instead of taking shortcuts for a quick profit,” added the ad. .
The team behind Mutiny Wallet has already developed a proof-of-concept wallet and a first-of-its-kind Lightning node in the browser. Tony Giorgio and Paul Miller spent the last six months at Voltage, building the LSP that will power the Mutiny Wallet and laying the groundwork for a “seamless and innovative user experience.” The Vortex CoinJoin project, developed by Ben Carman, is ready, but “needs vertical integration to succeed.”
Mutiny Wallet investors include Ten31, Brad Mills, Chris Hunter, American Hodl, Ti Kawamoto and NVK. The company also thanks Voltage for incubating its project.
To learn more about the Mutiny Wallet and its funding journey, see its Pleb Lab Builders Day Video. You can sign up for their waiting list using your email address or Nostr public key at https://app.mutinywallet.com.