Reown
Reown (già WalletConnect Inc.)
Reown (formerly WalletConnect Inc.) is an onchain UX platform providing developers with the infrastructure to connect apps to users' wallets. It offers AppKit and WalletKit for multichain authentication and connection (EVM, Solana, Bitcoin), plus payment modules (onramp, swap, in-app funding) and analytics. It is the team behind the WalletConnect Network, the wallet-app connectivity standard used by thousands of dApps; the software is non-custodial and does not hold user funds.
Data & conditions
| Service type | Stablecoin infrastructure |
|---|---|
| Pricing model | Not disclosed |
| Custody model | non-custodial |
| Customer type | Developers, Fintech, Enterprise |
| Fund custody | Self-custody (funds in your control) |
| Supported countries | US, EEA, UK, APAC |
| Segment | B2B |
| MiCA / License status | Not disclosed |
Strengths
- De facto standard for wallet-dApp connection (WalletConnect Network), very broad adoption.
- Non-custodial software; supports multichain authentication and social/email login.
- Strong backing: ~$38M raised, Series B with Union Square Ventures, 1kx, Shopify Ventures, Kraken Ventures.
- Self-custody: funds stay in your wallet — the platform cannot touch them.
Weaknesses
- Developer infrastructure: not an end-consumer product.
- Not a regulated intermediary; fund custody remains on users' wallets.
- No notable sovereignty drawback documented.
Verdict
Score 4.2/5, very strong profile. In its favour: de facto standard for wallet-dApp connection (WalletConnect Network), very broad adoption. The trade-off to weigh: developer infrastructure: not an end-consumer product.
On the Sovereignty lens the score is 5.0/5 (outstanding): the strength is fund control (5.0/5).
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Is Reown the same as WalletConnect?
Yes. Reown is the new name of the former WalletConnect Inc., which continues to develop the WalletConnect Network along with its AppKit and WalletKit products.
Can an individual use Reown?
Not directly: it is infrastructure for onchain app developers. End users encounter it indirectly every time they connect their wallet to a dApp via WalletConnect.
Sources
- Official service page Payments Data verified on Jul 17, 2026
- businesswire.com Data verified on Jul 17, 2026
- theblock.co Data verified on Jul 17, 2026