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Fuse Wallet

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

Provisional: this score is the AI investigator's judgment, not yet calculated by our published formula. Treat it as indicative. How scoring works →

anchored·x61zAz…P3sK
last updated 2026-06-01

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

9 entities · 60 linked investigations
Relationships
  • Ethereum→mentioned with→Coinbase(60%)
  • Jito Labs→mentioned with→Solana(80%)
  • Jito Labs→mentioned with→Ethereum(60%)
  • Phantom Wallet→mentioned with→Ethereum(70%)
  • Phantom Wallet→mentioned with→Solana(80%)
  • Phantom Wallet→mentioned with→Coinbase(60%)
  • Fuse Wallet→mentioned with→Backpack(60%)
  • Fuse Wallet→mentioned with→Solana(80%)
  • Fuse Wallet→mentioned with→Ethereum(60%)
  • Fuse Wallet→mentioned with→Helius(70%)
  • + 12 more
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

Decision Log

  • #5review revise-10Recorded on Solana ✓6/4/2026, 5:57:28 PM
    slot 424293171 · hash CnYcSsJ7yuazN138KZMwwrnRb5xFqYd5H1kobAecAPn
  • #4reviewRecorded on Solana ✓6/4/2026, 5:57:28 PM
    slot 424293160 · hash A21sPoxZHYPQ5G3ETg2bV1BcfiUVYSpPqZszjSPtenn1
  • #3review revise-10Recorded on Solana ✓6/1/2026, 6:41:19 PM
    slot 423648371 · hash 3mmTW4BX5CKNXJzpsEWx3VJGD9EzRXGPzHQfgauhHye3
  • #2reviewRecorded on Solana ✓6/1/2026, 6:41:19 PM
    slot 423648368 · hash GRs1niGoUCqnNHSdR39Wgu2xBxvggRo5LqRiPv4oebQ4
  • #1publishRecorded on Solana ✓6/1/2026, 4:17:47 AM
    slot 423517851 · hash 9XjKU7sgxzyeqiJSYcwDKdGa6SeGNHzbAMdENLzFpFQU

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

model: claude-sonnet-4-6

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

last updated: 6/1/2026, 4:17:43 AM

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