Mutiny Wallet is a web-first digital wallet focusing on security. The firm is poised to be the unstoppable Bitcoin wallet for everyone. The platform is relatively new and has a waitlist for potential users on its online platform to notify them upon completion of the wallet among other benefits like rewards for ‘early birds’.
Mutiny was developed by a team of highly skilled individuals including Tony Giorgio – an engineer with vast experience in Bitcoin and Lightning startups since 2018. Other Co-founders of the platform include Ben Carman – the former lead engineer at The Bitcoin Company and Paul miller – previously worked at Voltage’s research and development team and made numerous contributions to projects like Bitcoin, OpenSats, Fedimint and BDK.
To support the development and rollout of its digital wallet, Mutiny Wallet has consequently, raised more than $300K in a pre-seed fundraising round. The source of the funds was however, not disclosed by the joint statement of the 3 co-founders. They iterated their commitment to building a user-friendly bitcoin with exceptional privacy, scalability and accessibility. They also said in the announcement that they desire to build a daily spending wallet not just for veteran users but also for new entrants and potential users who would want to jump into using Bitcoin.
The wallet is self-custodial and compatible with many systems as it can run anywhere providing instant onboarding and platform censorship resistance. In addition to the wallet, the platform is developing a next-generation node implementation for use with Mutiny wallets to facilitate integration of on-chain Lightning privacy tools. The platform aims to leverage best standard practices to bring the best user experience for the long-term.
The team behind the formation of Mutiny Wallet already built a proof of concept prototype from their previous roles and projects and therefore laying the best foundation for an imminent seamless and innovative experience.
To achieve its objectives, Mutiny has racked up investors on the way. This investors include Ten31, NVK, Brad Mills, American Hod1, Chris Hunter and Ti Kawamoto. The firm’s product is also being incubated by Voltage.
