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Account abstraction developer Pimlico completed a $4.2 million seed round, led by a16z crypto

On November 7th, account abstraction developer Pimlico announced the completion of a $4.2 million seed round financing, with a16z crypto as the lead investor. As previously reported by BlockBeats on September 25th, Pimlico announced the completion of a $1.6 million Pre-Seed round financing, with 1confirmation as the lead investor, and participation from Safe, Consensys, and more than a dozen angel investors. It is reported that Pimlico provides features including ERC-20 token Gas payment, multi-signature schemes, social recovery, and expenditure limits.

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