Odsy Network, a layer 1 blockchain, has raised $7.5 million in funding to develop decentralized crypto wallets. The funding round was led by Blockchange Ventures and valued the firm at $250 million. The goal of Odsy Foundation, based in Zug, Switzerland, is to decentralize access control in Web3 and remove the obstacle of needing multiple wallets to access different networks and applications. Odsy's decentralized wallets (dWallets) are designed to provide access to different Web3 protocols and platforms through transferable signing mechanisms on the Odsy Network with the ability to sign transactions on practically any other blockchain.
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