Modular intelligent account developer Rhinestone completes $5 million seed round financing, led by 1kx

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BlockBeats news, on August 14th, according to TheBlock, modular smart account developer Rhinestone completed a $5 million seed round of financing, led by 1kx. CoinFund, Lattice, Heartcore, Yuan Venture Capital, and others participated. Rhinestone is building a platform to realize a secure ecosystem for smart account modules and enable innovative, permissionless Wallets. Rhinestone will allow any developer to build a smart account module that can be paired with frontend components, enabling users to easily install, remove, or replace their accounts. Previously, Rhinestone was selected as one of the 18 projects funded by the Ethereum Foundation's ERC-4337 account abstraction grant round.

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