W

Web3Auth

Web3 wallet authentication service platform

Overview

Web3Auth provides authentication infrastructure for Web3.0 wallets and decentralized applications. It offers a plug-and-play service that lets developers add user onboarding and secure login to DApps using MPC-based cryptography, eliminating seed phrases. The product works by handling key management and authentication flows on behalf of the app, enabling users to sign in with familiar methods while keeping their crypto keys secure through multi-party computation. Web3Auth differentiates itself from competitors by focusing on developer-friendly authentication infrastructure for the Web3 space, simplifying onboarding for mainstream users, and reducing security frictions and support needs. Its goal is to accelerate Web3 adoption by making secure, easy-to-use login and onboarding accessible to any DApp or wallet, converting more visitors into users and reducing barriers to entry.

Work here?Claim your company

About Web3Auth

Simplify's Rating
Why Web3Auth is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Enterprise SoftwareCybersecurityCrypto & Web3

Company Size

1-10

Company Stage

Series A

Total Funding

$15M

Headquarters

Singapore, Singapore

Founded

2018

Get referred to Web3Auth

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Web3Auth's homepage on September 23, 2026 confirmed Consensys acquisition.
  • Zilliqa EVM and Chainlens integrations extend Web3Auth across active ecosystems.
  • The XRP Ledger MPC wallet launch broadens support beyond EVM chains.

What critics are saying

  • Openfort, Turnkey, and Thirdweb already market faster, broader wallet stacks in 2026.
  • Consensys can absorb Web3Auth into MetaMask and kill the standalone product.
  • If MetaMask shifts strategy, Web3Auth loses distribution and identity becomes a feature.

What makes Web3Auth unique

  • Web3Auth's MPC social login survives under Consensys, pairing Web2 auth with Web3 wallets.
  • Its SDK onboarded 100,000 users at launch, proving developer adoption.
  • MetaMask ownership gives Web3Auth distribution across Consensys' wallet stack.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$15M

Below

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$8.2M
$13M
$15M
$30M

Company News

MO-BI
Jun 3rd, 2025
ConsenSys Acquires Web3Auth to Enhance MetaMask

ConsenSys, the developer of MetaMask, has acquired Web3Auth to enhance the wallet's user experience and address seed phrase management issues. The deal's amount is undisclosed. Web3Auth, serving 50 million users and supporting over 8200 Web3 apps, will enable wallet creation and recovery using familiar Web2 login methods. The integration will also facilitate non-EVM network support, like Solana and Bitcoin, allowing seamless cross-chain transfers without gas fees.

BBX
Jun 2nd, 2025
Consensys Acquires Web3Auth; BTC Trends Downward

Consensys has acquired wallet infrastructure provider Web3Auth for an undisclosed amount. Meanwhile, BTC prices are below the EMA24 and EMA52 moving averages, indicating a continued downward trend. Despite a KDJ golden cross suggesting a potential short-term reversal, trading volume is low, and large transactions are absent, signaling market uncertainty. The MACD dead cross below the zero axis suggests caution against further pullback risks. This data is from the PRO member's BTC/USDT Binance 2-hour candlestick.

Web3Auth
Jun 2nd, 2025
Web3Auth is now part of Consensys!

Today, we’re thrilled to announce that Web3Auth is now part of Consensys! When we first started in 2019, our mission was simple: to make digital ownership and identity accessible to everyone.

Fortune
Jun 2nd, 2025
Consensys Acquires Crypto Firm Web3Auth

Consensys, the company that owns MetaMask, has acquired Web3Auth, a crypto security management company.

PR Newswire
Nov 19th, 2024
Introducing Best Wallet - Where Users Can Access Bitcoin And Other Cryptocurrencies Easily And Securely

NEW YORK, Nov. 19, 2024 /PRNewswire/ -- Best Web3 Inc. introduces Best Wallet, an easy-to-use crypto wallet that allows users to seamlessly buy, swap, receive, and sell cryptocurrencies like Bitcoin, Ethereum, Solana, and USDT.Best Wallet supports thousands of cryptocurrencies on 50+ major blockchains, making it the best place for crypto users to access and manage their assets

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for Web3Auth right now.

Find jobs on Simplify and start your career today

We update Web3Auth's jobs every few hours, so check again soon! Browse all jobs