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Home News Crypto

Tools for Humanity Acquires Dawn Wallet to Power Next-Gen Finance in World App

20 June 2025
in Crypto, News
Reading Time: 2 mins read
103 5
source: x.com

source: x.com

Last updated on June 24th, 2025 at 11:21 am

Tools for Humanity, the company behind Sam Altman-backed World App and the broader Worldcoin ecosystem, has announced the acquisition of the iOS-native Ethereum wallet, Dawn Wallet.

The wallet app is expected to phase out in the coming weeks as it transitions into the Worldcoin project.

The announcement was made via an official statement on the World Chain website, noting that the acquisition signifies “both an ending and a beginning.” While Dawn Wallet will soon wind down, Tools for Humanity assured users that full support will be provided to ensure a smooth transition of assets into the World App ecosystem.

Source: World

Dawn Wallet founders Tom Waite and Isaac Rodriguez have officially joined Tools for Humanity. The duo is expected to help lead efforts in delivering advanced financial features within the World App, leveraging their experience in building user-friendly Web3 tools.

Known for its native integration with iOS, Dawn Wallet transformed Safari into a lightweight Web3 browser, allowing seamless interaction with decentralized applications (dApps) like Uniswap, Aave, and Sound.xyz. The wallet prioritized security by leveraging Apple’s Secure Enclave and biometric authentication while also pioneering a conversational AI assistant — Dawn AI — that simplified crypto actions such as checking balances, simulating transactions, and fetching real-time DeFi data.

With this acquisition, Tools for Humanity plans to integrate Dawn’s AI-powered interface into World App, making complex DeFi functionalities, such as token swaps, bridging, and lending, accessible through natural language commands. The move is aimed at enhancing usability and onboarding a broader, less technically inclined audience into decentralized finance.

Additionally, the integration could offer significant reach for Dawn Wallet’s underlying technology, tapping into World App’s global user base, which now exceeds 10 million registered users.

This development adds to a growing list of World App partnerships, which already include integrations with Circle’s USDC stablecoin, Match Group, and Visa, signaling an ambitious push to fuse identity, finance, and accessibility into a single platform.

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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