Decentralized wallet project Clave received an investment of $1.6 million

The Clave team, which made a name for itself as one of the finalists in an Ethereum hackathon they attended last year, was rewarded for their hard work with a pre-seed investment of $ 1.6 million.

The wallet project, which aims to facilitate blockchain-based money transfers and account creation in a user-friendly way, managed to receive a total investment of $ 1.6 million from LambdaClass, Safe and Mirana Ventures in the investment round led by Matter Labs.

While Clave officially announced the investment, it was noted that the transition to the main network would begin in a short time. The project will welcome its first users at the ETH Denver organization. After this event, more than 170 thousand people on the waiting list will be accepted into the system.

The project aims to ensure smooth money transfer through links. Account creation in the application is also significantly simplified, providing a user-friendly experience.