dWallet Labs

Company Overview

Snapshot

Founded in April 2022 by Omer Sadika, Yehonatan Scaly, and David Lachmish, dWallet Labs operates with 11–50 employees. The company has raised $12.5 million across two funding rounds from 15 investors. In May 2023, dWallet Labs secured a funding round with Blockchange Ventures as a lead investor.

Business overview

dWallet Labs is a cybersecurity company focused on blockchain technology. It develops SingleWallet, an interface designed for interacting with dWallets on the Odsy Network. The company's mission is to build protocols and solutions on the Odsy Network, offering professional services and support to organizations developing within this ecosystem. dWallet Labs operates within the Cyber Security sector, with a focus on cryptography and tokenization.

Strategic signal

In May 2023, dWallet Labs identified a loss of approximately $500 million in Tron accounts. This event underscores the critical need for robust blockchain security solutions and highlights dWallet Labs' expertise in identifying vulnerabilities within the decentralized finance ecosystem, signaling its relevance in safeguarding digital assets.

Company Intelligence Q&A

What was a significant security incident identified by dWallet Labs?

In May 2023, dWallet Labs identified a loss of approximately $500 million in Tron accounts, highlighting their expertise in blockchain security analysis.

When was dWallet Labs founded and by whom?

dWallet Labs was founded in April 2022 by Omer Sadika, Yehonatan Scaly, and David Lachmish.

What is the primary product offered by dWallet Labs?

dWallet Labs offers SingleWallet, which serves as the first interface for interacting with dWallets on the Odsy Network.

What was dWallet Labs' most recent funding activity?

In May 2023, dWallet Labs secured a funding round with Blockchange Ventures as a lead investor.

What was dWallet Labs' initial funding round?

In August 2022, dWallet Labs raised a pre-seed funding round, with Digital Currency Group.