Startup profile for Dynamic: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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Dynamic funding, valuation and investors

Web3 wallet authentication SDK — embedded wallets and passkey onboarding (acquired by Fireblocks, 2025).

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series A

$13.5M · 2023

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$21M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

acquired

acquired · New York, New York

Investors in latest funding

Lead: Andreessen Horowitz , Founders Fund

Sources: latest funding Last verified: 2026-07-25

Overview

Dynamic (Dynamic Labs) built a Web3 wallet authentication SDK — embedded wallets, passkey onboarding, and multi-chain login for crypto apps. Raised $7.5M seed in 2022 led by a16z crypto and $13.5M Series A in 2023 co-led by a16z crypto and Founders Fund. Fireblocks acquired Dynamic in October 2025 to integrate wallet auth into its institutional crypto platform.

Why Dynamic is interesting

Founders Fund joined a16z crypto for wallet infra before Fireblocks acquired the team — key onboarding layer for crypto apps.

Product & use cases

SDK for embedded wallet creation, passkey/social login, and multi-chain authentication — reducing crypto onboarding friction.

  • Embedded wallet onboarding for consumer crypto apps
  • Passkey-based Web3 login replacing seed phrases
  • Multi-chain authentication for DeFi and NFT apps

Key facts

  • Acquired by Fireblocks (Oct 2025)
  • Series A (2023): $13.5M co-led by a16z crypto and Founders Fund
  • Seed (2022): $7.5M led by a16z crypto

Funding history (newest first)

Series A

2023 $13.5M

Source: https://www.dynamic.xyz/blog/series-a

Seed

2022 $7.5M

Source: https://www.theblock.co/post/160000/dynamic-seed

Investors in our directory

Funds linked from Dynamic's profile — open a fund page for stage focus and related deal articles.

Andreessen Horowitz Founders Fund

Competitive landscape

Edge: Developer-friendly SDK with passkey support ahead of industry shift away from seed phrases.

Wallet onboarding is critical crypto infrastructure. Dynamic competed on DX before Fireblocks acquisition consolidated institutional + consumer auth.

  • Privy direct

    Embedded wallet infrastructure; similar developer focus.

  • Magic Link direct

    Passwordless Web3 auth.

  • Web3Auth direct

    Social login for crypto wallets.

  • Fireblocks (post-acquisition) incumbent

    Acquirer integrating Dynamic into institutional stack.

Notable stories

  • Fireblocks acquired Dynamic to add consumer wallet onboarding to its institutional crypto custody platform (Fireblocks press, Oct 2025).

Industries

Crypto & Web3 Developer Tools

FAQs about Dynamic

Practical answers founders, operators, and investors typically search for.

Web3 wallet authentication SDK — embedded wallets and passkey onboarding.
Fireblocks in October 2025.
a16z (/fund/andreessen-horowitz) and Founders Fund (/fund/founders-fund) co-led Series A.
Both embedded wallet SDKs; Dynamic acquired by Fireblocks.
October 2025 by Fireblocks.
No — part of Fireblocks.
Passwordless auth using device biometrics — Dynamic applied to Web3 wallets.
New York.
Series A stage.
Crypto app adoption bottleneck — simplifying onboarding increases conversion.
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By Venture Capital Tracker

Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.