Startup profile for XMTP: 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.

Startup profile · funding coverage

XMTP funding, valuation and investors

Decentralized messaging protocol for web3 apps and wallets.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Not publicly disclosed

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

Not publicly disclosed

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

Current status

private

series b

Source links not recorded Last verified: 2026-07-25

Overview

XMTP (Extensible Message Transport Protocol) is an open messaging protocol and network enabling encrypted wallet-to-wallet communication across apps — so users keep conversation history while switching clients. The project raised venture funding including Andreessen Horowitz crypto participation. XMTP powers messaging in apps like Coinbase Wallet, Lens, and other web3 clients, aiming to be SMTP-for-web3 messaging.

Why XMTP is interesting

XMTP lets wallets message without centralized servers — a16z crypto bet on interoperable chat layer as onchain social and payments need portable identity.

Product & use cases

XMTP protocol provides encrypted, persistent messaging tied to wallet addresses — developers integrate SDK so users message across compatible apps with one identity.

  • NFT marketplaces enabling buyer-seller chat via wallet
  • DAO coordination and wallet notifications
  • Onchain social apps with portable DM history

Key facts

  • a16z crypto portfolio protocol
  • Integrated in Coinbase Wallet and Lens among apps
  • Open-source extensible message transport for web3

Investors in our directory

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

Competitive landscape

Edge: Open protocol versus walled-garden app DMs — wallet-native identity aligns with web3 composability thesis.

Web3 messaging needs standard protocol to avoid silos; XMTP's adoption depends on wallet and app integrators — classic protocol cold-start challenge.

  • Wallet in-app chat (closed) incumbent

    App-specific messaging; not portable.

  • Telegram / Discord adjacent

    Centralized community chat; not wallet-native.

  • Farcaster DMs adjacent

    Onchain social messaging; overlapping web3 audience.

Notable stories

  • XMTP pitched 'your inbox follows your wallet' — messaging portability as web3 apps multiplied and users refused siloed chat per app (protocol documentation).

Industries

Crypto & Web3 Developer Tools Infrastructure & Cloud

FAQs about XMTP

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

XMTP is a decentralized messaging protocol for encrypted wallet-to-wallet communication.
Andreessen Horowitz among backers. See /fund/andreessen-horowitz.
Telegram is centralized; XMTP is protocol tied to crypto wallet identity across apps.
Coinbase Wallet, Lens, and others — see xmtp.org ecosystem list.
Yes — end-to-end encrypted messaging per protocol design.
Yes — identity is wallet address-based.
XMTP is a protocol/project; verify any token associations separately — not assumed here.
XMTP Labs and open-source contributors per project site.

By Venture Capital Tracker

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