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Fuse Wallet

avoid.net/fuse-wallet→54/100·72% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·x61zAz…P3sK

Summary

Fuse Wallet is a Solana-based smart wallet developed by Squads Labs, the team behind Squads Protocol, Solana's leading multisig and smart account infrastructure. Launched in public TestFlight in June 2024 and on the Apple App Store in December 2025, Fuse replaces traditional seed phrases with a multi-factor authentication model built on Squads Protocol's audited smart account standard. Squads Labs has raised approximately $40.9 million across multiple funding rounds from institutional investors including Electric Capital, Coinbase Ventures, and Multicoin Capital, and no known regulatory actions, hacks, or fraud allegations have been identified against the product.

Connected Entities

1 entities · 10 linked investigations
Organizations
□Fuse Wallet
Relationships
    Also appears in
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    Have evidence about Fuse Wallet?

    Timeline(9 events)

    2021

    Squads Labs founded by Stepan Simkin, Deni Ershtukaev, and Sean Ganser, initially focused on DAO multisig tooling on Solana.

    Crunchbase / Squads Labs profile

    2022

    Squads Labs raises approximately $5 million in seed funding from Solana Ventures and others.

    Decrypt — Squads Raises $5 Million

    July 2023

    Squads Labs closes $5.7 million strategic round led by Placeholder VC with participation from Multicoin Capital, Solana Ventures, Jump Crypto, and others; total funding reaches $12.5 million.

    The Block — Squads raises $5.7 million

    October 2023

    Squads Protocol v4 undergoes multiple security audits by OtterSec, Neodyme, Trail of Bits, and Certora, with formal verification completed.

    Squads v4 Security Measures — Official Blog

    10 June 2024

    Squads Labs announces $10 million Series A led by Electric Capital; launches Fuse Wallet on public TestFlight for iOS.

    CoinDesk — Squads Labs Raises $10M Series A

    19 March 2025

    Fuse Wallet becomes available on the Apple App Store.

    Fuse Blog — Fuse Now Available On Apple App Store

    23 December 2025

    Fuse Wallet publicly launches on Apple App Store for general download (invite codes required for initial onboarding).

    Fuse Blog — App Store launch announcement

    December 2025

    Squads launches Altitude stablecoin treasury platform for businesses; Altitude processes over $200 million in payments within months.

    PR Newswire — Squads Raises $18M

    29 April 2026

    Squads raises $18 million led by Solana Ventures to expand Altitude; total disclosed funding reaches approximately $40.9 million.

    The Block — Solana Ventures leads $18 million round
    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain17 Wayback Archives

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (5 events). 17 of 20 cited source URLs have an Internet Archive snapshot.

    full audit log →version history →

    model: claude-sonnet-4-6

    generated: 6/1/2026, 4:17:43 AM

    last updated: 7/26/2026, 2:10:29 PM

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