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Cashmere

Last updated: Nov 18, 2022

Cashmere, a company that offers enterprise wallet management for users of the Solana blockchain. Send, receive, and grow your digital assets directly from your Cashmere Vault.

Seed Round $3 Million

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Overview

Project industry	Exchanges & Wallets
Product type	Platform
Founded	United States
Whitepaper	Open

What is Cashmere

Cashmere is a multi-signature wallet on Solana, its main use case is to enable organizations to manage their funds securely and with ease.

Cashmere won 5th place in the latest Convergence hackathon hosted by Serum and Wormhole.

Multi-signature means that spending whatever crypto assets the wallet holds will require more than one approval or sign-off for the transaction to go through.

Cashmere supports SOL and all SPL tokens, it’s also integrated with all Solana wallets, including hardware wallets.

With an integration with Solana Name Service, users can transfer SPL tokens from a .sol domain on Cashmere’s web based platform.

Cashmere’s goal is to become the only wallet that startups and DAOs need to manage their treasuries, with plans to build out NFT support, cross-chain compatibility with Wormhole, and a native integration with Wallet Adapter.

With the current direction, Cashmere Wallet is on track to become a power player that will enhance the growth of the Solana ecosystem and help new projects build on Solana more easily.