ethpass is a technology company.
ethpass has raised $500K across 1 funding round.
ethpass has raised $500K in total across 1 funding round.
ethpass has raised $500K in total across 1 funding round.
ethpass's investors include Canonical Crypto, Presight Capital, Vayner RSE.
ethpass is a technology company that provides a cloud-based API platform enabling businesses to create, manage, and track NFTs as verifiable passes in Apple or Google Wallets, bridging blockchain assets with real-world applications like event tickets, loyalty programs, and retail offers.[1][2][3] It serves enterprises and crypto startups by integrating seamlessly with CRM systems, allowing custom pass issuance, push notifications, location-based engagement, and asset verification without requiring a dedicated app.[1][2][3] The platform solves the problem of unlocking practical utility for digital assets, turning NFTs into accessible, secure tools for customer interaction and loyalty.[2][3] Founded in 2022 and based in the Los Angeles area, ethpass achieved early traction with integrations across multiple blockchain networks and high-profile clients before its acquisition by MoonPay in September 2023, signaling strong growth momentum in the web3 infrastructure space.[1][2][4]
ethpass was founded in 2022 by Chris Dro, who brought a background in early computing and Visual Basic tinkering into web3 innovation.[2] The idea emerged from a vision to make blockchain assets practically usable in everyday scenarios, inspired by the need to represent crypto wallets or verify NFTs via familiar mobile wallet passes rather than complex apps.[2][3] Early traction came quickly: the company integrated with multiple blockchain networks, onboarded crypto startups and established enterprises as clients, and secured investment from Mark Cuban, marking pivotal milestones that validated its approach.[1][2] This rapid progress culminated in its acquisition by MoonPay in September 2023, expanding its reach within the fintech and web3 ecosystems.[4]
ethpass rides the trend of real-world asset (RWA) tokenization and web3 mass adoption, where NFTs evolve from speculative collectibles to utility-driven tools for loyalty, events, and retail.[2][3] Its timing aligns perfectly with the rise of mobile-first blockchain experiences post-2022 crypto winter, capitalizing on maturing infrastructure like multi-chain support and partnerships with wallets from Apple and Google.[2] Market forces favoring it include growing demand for seamless web2-web3 bridges amid regulatory clarity on digital assets and enterprise interest in CRM enhancements via blockchain.[1][2] By enabling NFT verification in everyday apps, ethpass influences the ecosystem by accelerating brand adoption of blockchain, competing with platforms like Shopify or Salesforce while powering omnichannel loyalty programs.[1]
Post-acquisition by MoonPay, ethpass is positioned to scale globally, expanding to more blockchain networks, digital assets, and features like advanced analytics for client needs.[2][4] Trends like RWA growth, DeFi integration with tokenized equities, and sustainable staking will shape its path, amplifying real-world NFT utility in fintech and retail.[4] Its influence may evolve into a standard for wallet-based digital experiences, driving broader web3 adoption as MoonPay leverages it for allow-lists and seamless transactions—echoing its founding mission to unlock blockchain's real-world potential.[2]
ethpass has raised $500K across 1 funding round. Most recently, it raised $500K Seed in May 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2022 | $500K Seed | Canonical Crypto, Presight Capital, Vayner RSE |