
Draper Associates backs Bitcoin wallet Xverse to expand neobank features
- —Draper Associates added Xverse to its portfolio by July 2026
- —Xverse serves nearly 2 million users across iOS, Android and Chrome
- —Services include BTC and STX staking, USDC loans against Bitcoin and stablecoin payments
- —Xverse raised a $5 million seed round led by Jump Crypto in 2023
Why it matters: The backing supports the self-custody Bitcoin banking model, but its growth hinges on the maturity of Stacks, Starknet and Spark L2 infrastructure.
Source: Crypto Briefing