Web3Auth
Web3Auth, now MetaMask Embedded Wallets under Consensys, provides MPC-based non-custodial wallet infrastructure SDKs that let developers onboard Web3 users via social logins and biometrics across 15+ blockchains, serving gaming, NFT, and enterprise brand customers.
- Company typePrivate
- Founded2019
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Web3Auth does
Web3Auth is a Singapore-based wallet infrastructure provider founded in 2019 (originally as Torus, rebranded in January 2022) that delivers non-custodial key management as a plug-and-play SDK for developers building Web3 applications. Its core technology centers on Multi-Party Computation (MPC) with Threshold Signature Scheme (TSS) and Account Abstraction, which together enable seed-phrase-free wallet creation via familiar Web2 authentication methods (Google, email, passkeys, SMS, Telegram) while distributing private key shares so they are never reconstructed on the frontend. The platform is blockchain-agnostic, supporting 15+ networks including EVM chains, Solana, Bitcoin, SUI, Aptos, Cardano, NEAR, and Starknet, and ships SDKs for web, mobile (Android, iOS, React Native, Flutter), and gaming (Unity, Unreal Engine).
The product surface extends beyond core authentication to include a Wallet Services suite (pre-built UI templates, fiat on-ramp across 100+ countries, pre-generated wallets), NFT Services (gasless minting and email NFT delivery), Passkeys, MFA, Server-Side Verification, and an end-user Account Dashboard. The company monetizes via a Monthly Active Wallet (MAW) based subscription — a free tier up to 1,000 MAWs, Growth at $69/month for 3,000 MAWs, Scale at $399/month for 10,000 MAWs, and custom Enterprise contracts — combined with usage-based overages. Go-to-market is product-led through a self-serve developer dashboard and SDK distribution, supplemented by direct enterprise sales. The customer base spans Web3-native gaming (Heroes of Mavia, Skyweaver, Animoca's Mocaverse, Ronin), NFT platforms (Rarible, McDonald's, Chess.com), and Fortune 500 brands (LINE, NBCUniversal, SK Planet, Fox Media), with approximately 50 million end users and 8,200+ integrated dApps.
On June 2, 2025 Web3Auth was acquired by Consensys Software Inc. and now operates as an independent brand within the Consensys ecosystem, branded as MetaMask Embedded Wallets, with deeper integration into MetaMask, Infura, and the Delegation Toolkit.
Web3Auth firmographics
Firmographics- Name
- Web3Auth
- Legal name
- Web3Auth
- Website
- https://web3auth.io
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Web3Auth, now MetaMask Embedded Wallets under Consensys, provides MPC-based non-custodial wallet infrastructure SDKs that let developers onboard Web3 users via social logins and biometrics across 15+ blockchains, serving gaming, NFT, and enterprise brand customers.
- Ownership category
- akta.pro rank
Web3Auth industry classification
Industry- Product category
- Wallet-as-a-Service Infrastructure
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB)
- akta.pro secondary industries
- Wallet Infrastructure (SDKs, Wallet-as-a-Service) (FSADACAD), Account Abstraction & Smart Wallet Tooling (AA SDKs, paymasters, session keys) (FSAPABAK), Authentication & Access Control (Web3 login, SIWE, passkeys, MFA, policy engines) (FSAPACAI), Digital Wallet Infrastructure (Tokenization, Wallet-as-a-Service) (FSAMAEAI), Digital Asset Custody & Key Management (MPC, HSM, Wallet Infra) (FSAGAMAB), Player Wallets, Identity & Accounts for Games (embedded wallets, SSO, DID) (FSAPAGAF)
Keywords
Where Web3Auth is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices2 records
Markets served
Web3Auth business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Subscription - Monthly Active Wallet (MAW) Based: Tiered subscription model based on Monthly Active Wallets (MAW) - users who log in at least once per calendar month. Each plan includes a free tier of MAWs with additional users charged per unit. Plans range from free Base tier (1,000 MAWs) to Growth ($69/month for 3,000 MAWs) and Scale ($399/month for 10,000 MAWs) to custom Enterprise pricing with volume discounts.
- Usage-Based Overage Fees: Overage charges when customers exceed included MAW allocation: $0.050 per additional MAW (Base), $0.045 (Growth), $0.040 (Scale). Additional charges apply for SMS OTP usage after first 100 free SMS per month at market rates by region.
- Enterprise Custom Contracts: Custom enterprise agreements with dedicated technical support, committed response times, uptime SLA commitments, and volume-based MAW discounts for large-scale deployments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free tier for individuals with 1,000 MAWs, social logins, MFA, and community support |
| Subscription | Monthly | $69/month for teams needing whitelabelling and custom logins with 3,000 MAWs |
| Subscription | Monthly | $399/month for higher customization with 10,000 MAWs |
| Subscription | Multi-year contract | Custom pricing for enterprise with advanced features, dedicated support, and SLA |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
Web3Auth product offering
Product offeringCore offering
Web3Auth provides Wallet-as-a-Service (WaaS) infrastructure that enables developers to integrate non-custodial wallet authentication and key management into Web3 applications through SDKs for Web, Mobile, and Gaming platforms. The platform uses Multi-Party Computation (MPC) with Threshold Signature Scheme (TSS) and Account Abstraction to eliminate seed phrases, supporting social logins, passkeys, and 15+ blockchains. Customers purchase tiered subscription plans based on Monthly Active Wallets (MAW).
Product overview
Web3Auth is a Wallet-as-a-Service (WaaS) platform providing key management infrastructure with Multi-Party Computation (MPC) and Account Abstraction enabled. The core product is the Web3Auth SDK (now integrated as MetaMask Embedded Wallets), which offers plug-and-play wallet integration for developers. The platform is built around three pillars: the Web3Auth SDK for authentication, MPC technology for distributed key management, and Account Abstraction for smart contract wallets. Supporting modules include Wallet Services (pre-built UI templates and onramp), NFT Services (streamlined NFT transactions), Passkeys authentication, Multi-Factor Authentication, Social Logins, Wallet UI, Fiat On-ramp Aggregator, Pre-generated Wallets, Telegram Mini App Login, Whitelabel UI, MPC Core Kit, and the Account Dashboard. The platform supports 15+ blockchain networks including EVM chains, Solana, Bitcoin, SUI, Aptos, and more. Pricing tiers are Base (free for 1,000 MAWs), Growth ($69/month for 3,000 MAWs), Scale ($399/month for 10,000 MAWs), and Enterprise (custom).
Differentiator
Problem solved
Functional benefit
Products and services
- Web3Auth SDK
Quantifiable outcome
- 2.3x more user conversions compared to traditional wallet onboarding
- +5 more outcomes
Companies that use Web3Auth
Customer profileNamed customers16 records
Segments5 records
Ideal customer profiles4 records
Web3Auth technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Feature11 records
Web3Auth partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered flagship and core.
- ConsensysflagshipWeb3Auth was acquired by Consensys Software Inc. in June 2025 and now operates as MetaMask Embedded Wallets. The acquisition creates synergies between Web3Auth wallet capabilities and MetaMask's ecosystem. Web3Auth continues operating as an independent brand within Consensys.
- XRP LedgercoreIntegration enabling 30-second secure wallet setup on XRP Ledger with familiar user experience through social and email logins, biometric verification, and OAuth authentication. Web3Auth powers XRPL Commons developer ecosystem with seamless wallet integration.
- XRPL CommonscoreXRPL Commons partnership to help developers in the XRPL community offer seamless user flows. David Bchiri, President of XRPL Commons, stated that open standards like Web3Auth help make experiences simple and intuitive for mainstream users.
- MetaMaskflagshipPost-acquisition, Web3Auth integrates with MetaMask ecosystem including MetaMask SDK, Delegation Toolkit, and Infura integration support. Unified dashboard with cross-Consensys integrations.
- Animoca BrandscorePartnership powering Animoca Brands' Mocaverse with nearly 1.5 million unique on-chain mints in six months. Web3Auth enables NFT minting and wallet infrastructure for Mocaverse users.
- Trust WalletcoreWeb3 pioneer partner utilizing Web3Auth key infrastructure for wallet authentication.
- KeplrcoreWeb3 pioneer partner utilizing Web3Auth key infrastructure.
- KukaicoreWeb3 pioneer partner utilizing Web3Auth key infrastructure.
- Ronin NetworkcoreGaming blockchain network using Web3Auth for wallet infrastructure. SkyMavis's Ronin reported 97% of new users created wallets with social logins instead of seed phrases.
- Animoca BrandscoreMajor Web3 gaming ecosystem investor and partner. Animoca Brands backed Legend of Arcadia and partnered with Web3Auth for multiple gaming projects including Mocaverse.
- InfuracorePost-acquisition integration with Consensys infrastructure providing direct Infura integration support through Web3Auth dashboard.
- Fortune 500 BrandscorePartnership with enterprise brands including Fox Media, LINE, McDonald's, NBCUniversal, and SK Planet for Web3 initiatives like NFT collections and community platforms.
Scale indicators11 records
Recent moves6 records
Expansion highlights5 records
Web3Auth competitors and assessment
Company assessmentBroad incumbents
- BitGo: BitGo is an established digital asset custody and wallet infrastructure provider with MPC-based key management. It targets institutional and exchange customers rather than embedded consumer dApp wallets, but competes in the broader wallet infrastructure category.
- Fireblocks: Fireblocks is an institutional-grade digital asset custody and key management platform using MPC. While focused on exchanges/treasuries rather than embedded consumer wallets, it competes with Web3Auth in the underlying MPC key management and wallet infrastructure layer.
- Circle Programmable Wallets: Circle's Programmable Wallets provide developer APIs and SDKs for embedding USDC-native wallets in apps, with social login and MPC. As a regulated, USDC-backed incumbent it overlaps with Web3Auth's enterprise and brand wallet use cases.
- Coinbase Wallet SDK: Coinbase's Wallet SDK offers embedded wallet infrastructure for dApp developers, leveraging Coinbase's brand and distribution. It competes with Web3Auth at the developer-integration layer, particularly for U.S. and consumer-facing applications.
Direct peers
- thirdweb: thirdweb provides a full-stack Web3 developer platform including wallet/connect infrastructure, account abstraction tooling, and onboarding SDKs. It is a directly comparable developer-first platform competing with Web3Auth for dApp wallet integrations.
- Magic Labs: Magic (formerly Magic.link) pioneered passwordless / email-based Web3 onboarding and now offers embedded wallets with key management and AA features. It is one of the most established direct competitors to Web3Auth's social-login wallet stack.
- Particle Network: Particle Network offers Wallet-as-a-Service and chain abstraction infrastructure including social-login embedded wallets, account abstraction, and BTC/UTXO chain support — overlapping with Web3Auth's MPC, AA and blockchain-agnostic positioning.
- Privy: Privy is a Wallet-as-a-Service platform offering embedded wallets with social logins, MPC key management and account abstraction, targeting developers of consumer Web3 apps and games — the closest direct competitor to Web3Auth's SDK and MAW-based pricing model.
- Dynamic: Dynamic provides embedded wallet infrastructure with multi-chain authentication, social logins, and embedded wallet UI for dApps and brands — directly comparable to Web3Auth's plug-and-play SDK and Wallet Services modules.
- Turnkey: Turnkey provides non-custodial wallet infrastructure using secure enclaves and threshold cryptography for embedded signing and key management, targeting similar developer use cases (embedded wallets, account abstraction, multi-chain) as Web3Auth.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Web3Auth social profiles
Digital presenceWeb3Auth compliance and trust
Trust signalCompliance4 records
Web3Auth financial estimates
Financial estimateRevenue estimate
Valuation estimate
Web3Auth leadership team
Management profileNumber of profiles
Profiles2 records
Web3Auth funding detail
Funding detailFunding overview
Funding rounds3 records
Investors23 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Web3Auth M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Web3Auth
What does Web3Auth do?
Web3Auth provides Wallet-as-a-Service (WaaS) infrastructure that enables developers to integrate non-custodial wallet authentication and key management into Web3 applications through SDKs for Web, Mobile, and Gaming platforms. The platform uses Multi-Party Computation (MPC) with Threshold Signature Scheme (TSS) and Account Abstraction to eliminate seed phrases, supporting social logins, passkeys, and 15+ blockchains. Customers purchase tiered subscription plans based on Monthly Active Wallets (MAW).
Is Web3Auth a public or private company?
Web3Auth is a private company. It is classified as corporate owned and is currently operating.
When was Web3Auth founded?
Web3Auth was founded in 2019. It employs 11 to 50 people.
Where is Web3Auth based?
Web3Auth is headquartered in Singapore, Singapore, in the Asia region.
How does Web3Auth make money?
Three revenue lines are on record. Subscription - Monthly Active Wallet (MAW) Based is the primary driver. The others are usage-Based Overage Fees and enterprise Custom Contracts.
Who are Web3Auth's main competitors?
Broad incumbents on record are BitGo, Fireblocks, Circle Programmable Wallets and Coinbase Wallet SDK. Direct peers are thirdweb, Magic Labs, Particle Network, Privy, Dynamic and Turnkey.
Does Web3Auth have an API?
Yes. Web3Auth provides SDKs for developers to integrate wallet infrastructure and authentication into their applications. The platform offers Web SDK, Mobile SDKs (Android, iOS, React Native, Flutter), and Gaming SDKs (Unity, Unreal Engine). Documentation is available at docs.metamask.io/embedded-wallets/. Developer documentation is at docs.metamask.io/embedded-wallets.
What industry is Web3Auth in?
Web3Auth's product category is Wallet-as-a-Service Infrastructure. Its primary akta.pro industry code is FSAPACAB, Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters), with a secondary code of FSADACAD, Wallet Infrastructure (SDKs, Wallet-as-a-Service). Its NAICS code is 518 and its SIC code is 7370.