Polkadot Web3 wallet Talisman closes $2.35M seed funding round

Polkadot Web3 wallet Talisman closes $2.35M seed funding round


Talisman, a Polkadot Web3 wallet platform, has raised $2.35 million from early backers including Hypersphere Ventures, Koji Capital and Advanced Blockchain AG as well as several anonymous Flex Dapps investors.

According to an announcement issued on Wednesday, with the funding round closed, Talisman is looking to launch a wallet extension by Nov. 22.

Billed to be a DotSama — a portmanteau of Polkadot (DOT) and Kusama (KSM) — wallet, Talisman reportedly aims to enable cross-compatibility across the Polkadot and Kusama “paraverse.”

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Commenting on the decision to support the project, Jack Platts, partner at Hypersphere Ventures said, “Talisman is aiming to become the Paraverse gateway for everyday crypto users.”

Talisman is reportedly building the first DotSama asset dashboard with features such as staking of KSM and other parachain assets, Karura integration for decentralized exchange swapping and Polkadot Crowdloan support.

Other core features in the planned Talisman roadmap includes NFT support, Shiden Dapp staking, and third-party fiat on-ramps.

The announcement also stated that with the seed funding

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