TechFlow news — Biconomy, an account abstraction infrastructure provider, has announced a strategic funding round with participation from Jump Capital, Borderless Capital, Consensys Ventures, Taisu Ventures, Manifold Trading, Side Door Ventures, and Blockchain Founders Fund. Notable angel investors include American entrepreneur and investor Balaji Srinivasan and Jordi Alexander, founder of Selini Capital.
To date, Biconomy's account abstraction SDK has assisted over 4.5 million users, created more than 6.1 million UserOps, captured nearly 50% market share in account abstraction transactions, and supported over 1.2 million smart accounts.
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