ChainCatcher news, Singapore wallet provider Account Labs announced the completion of a $7.7 million financing round, led by Amber Group, MixMarvel DAO Ventures, and Qiming Venture Partners.In addition, Account Labs announced the launch of UniPass Wallet, which improves user experience through account abstraction. The UniPass Wallet is built on Polygon and was initially available for Android devices; it is now accessible to all users worldwide without KYC.Account Labs was formed in 2023 through the merger of hardware wallet developer Keystone and software wallet manufacturer UniPass.

ChainCatcher news, Web3 smart contract wallet UniPass and hardware wallet Keystone announced their merger to form Account Labs, which will focus on account abstraction and jointly develop Web3 account abstraction solutions. After the merger, the company will retain the business brands and user bases of Keystone and UniPass, and existing users of Keystone and UniPass will not be affected by the merger.The CEO of Account Labs will be Liu Lixin, the original founder of Keystone, who will be responsible for the company's external affairs, including business development, growth strategy, financing plans, etc. The COO will be Zhixian, the original founder of UniPass, who will be responsible for the company's internal affairs, including product development, team building, operational management, etc.It is reported that Account Labs plans to launch the third generation of the Keystone hardware wallet early next year, while the team will further upgrade the UniPass product architecture in the next three months to accelerate the realization and implementation of account abstraction capabilities. (Source link)