BREAKING Particle Network raises $25M to unify Web3 through chain abstraction PARTI token launches March 2025 - ~$1B day-one trading volume SCALE 900+ dApps integrated across 60+ blockchains GROWTH Universal Accounts up 557% quarter-over-quarter ASSETS $2B+ in user assets secured, 17M+ users reached BREAKING Particle Network raises $25M to unify Web3 through chain abstraction PARTI token launches March 2025 - ~$1B day-one trading volume SCALE 900+ dApps integrated across 60+ blockchains GROWTH Universal Accounts up 557% quarter-over-quarter ASSETS $2B+ in user assets secured, 17M+ users reached
Company ProfileWeb3 Infrastructure · Singapore

Particle Network

One account. One balance. Every chain. The Singapore team building the chain abstraction layer that wants Web3 to feel like a single network again - no bridges, no network switching.

Founded 2022 HQ Singapore Funding $25M Token $PARTI Team ~20
Particle Network logo

PARTICLE NETWORK. The company's mark. From wallet-as-a-service side project to a modular Layer-1 coordinating value across dozens of blockchains.

The Dispatch

Making the blockchain disappear

Web3 has a quiet usability problem, and most people in it have felt the symptoms: the bridge that stalls, the transaction rejected because you were on the wrong network, the gas fee you couldn't pay because you didn't hold that particular chain's token. Every new blockchain promised progress. Collectively, they produced fragmentation.

Particle Network's bet is that users never wanted to think about any of this. Founded in 2022 by Pengyu Wang and Tao Pan - two developers with backgrounds in mobile gaming - the company started by solving a narrower annoyance: rebuilding the same wallet backend for every project. That work became a wallet-abstraction service, and over time it grew into something larger and more ambitious: chain abstraction, an infrastructure layer designed to hide the underlying blockchain entirely.

The result is a modular Layer-1 and developer stack whose flagship product, Universal Accounts, gives each user a single unified address and balance that works across every supported chain. Applications and funds might sit on Ethereum, Solana, or a dozen other networks; the user just sees their balance. That is the whole pitch, and it is considerably harder to build than it is to describe.

By the numbers

A layer running quietly underneath

900+
dApps integrated
60+
Blockchains supported
17M+
Total users reached
$2B+
User assets secured

Figures reported by Particle Network and third-party analysts (Messari); treat as approximate and self-reported.

Products & Services

The chain-abstraction stack

Particle's building blocks share a single design principle - subtraction. The more chains, bridges and gas tokens they hide, the better they are working.

Flagship · 2024

Universal Accounts

One unified address and balance across all supported chains (EVM and Solana), so users and apps are no longer tied to a single blockchain.

2024

Universal Liquidity

Atomically routes value across chains so a user's account balance stays unified, regardless of where the assets physically sit.

2024

Universal Gas

Pay transaction gas with any token from any chain - no need to hold a specific network's native gas token first.

Origin · 2022

Wallet Abstraction

Embeddable smart-contract wallets with social/email login, MPC-TSS key security and ERC-4337 features like gasless transactions and batching.

2024

Universal SDK

A single developer SDK for wiring Universal Accounts, social login and chain-abstracted transactions into any dApp.

2024

BTC Connect & Particle Chain

Account abstraction for Bitcoin, plus a modular Cosmos-based Layer-1 that settles chain abstraction and powers the PARTI token.

"Universal Accounts allow each user to have a single, unified address and balance - regardless of which underlying chain the applications or funds sit on."
— Particle Network, on chain abstraction
The problem it solves

Fragmentation, not scaling

The industry spent years shipping more chains to relieve congestion. Each new network, though, added another wallet to fund, another bridge to trust, another gas token to acquire. For end users, the experience got worse as the technology got better.

Particle reframes the problem: the fix isn't another chain, it's abstracting all of them away. Universal Liquidity settles value across networks so a balance stays whole; Universal Gas removes the "wrong token" error; Universal Accounts collapse the mental model down to a single account.

How it's different

Invisible by design

Many competitors solve one slice - social login, a smart-account SDK, or a cross-chain messaging protocol. Particle's approach is to own the coordination layer end to end, from onboarding through settlement, and expose it via one SDK.

Rather than showing users a bridge and asking them to trust it, the chain movement happens underneath. The design goal is that when it works, you don't see a chain, a bridge or a gas token - you just see your balance.

The money & the market

Backed for the long build

Funding history

Seed / early rounds~$10M
Series A · June 2024$15M
Total raised~$25M across four rounds
Series A leadsSpartan Group · Gumi Cryptos
Also inSevenX, Morningstar, HashKey, Flow Traders, UOB
OG backersAnimoca · LongHash · Alibaba Group

Where it fits

CategoryWeb3 chain-abstraction infrastructure
ModelB2B / B2B2C developer infrastructure
CustomersdApps, wallets & builders; users onboard through them
Token$PARTI - gas, staking & settlement
Competes withPrivy, Biconomy, Web3Auth, ZeroDev, LayerZero
Team~20, Singapore + remote
The story so far

From side project to settlement layer

2022

Particle Network founded

Pengyu Wang and Tao Pan launch the company as a wallet-abstraction / smart wallet-as-a-service provider.

2023

Wallet abstraction scales

The modular stack expands to 60+ chains and hundreds of dApps, backed by Animoca, LongHash and Alibaba.

2024

Pivot to chain abstraction · $15M Series A

Ships Mainnet V1 with Universal Accounts, Liquidity and Gas, and closes a $15M Series A co-led by Spartan Group and Gumi Cryptos.

2025

PARTI token launch

Launches its native token in March with roughly $1B in day-one volume, as Universal Accounts grow 557% quarter-over-quarter.

Frequently asked

The short version

What does Particle Network do?

It builds chain abstraction infrastructure that lets users interact with any dApp on any blockchain from a single account and balance, without manually bridging assets or switching networks.

What are Universal Accounts?

Particle's flagship product: a single unified address and balance that works across all supported chains, so users and apps aren't tied to one blockchain.

Who founded it, and when?

It was founded in 2022 by Pengyu Wang (CEO) and Tao Pan, both with backgrounds in mobile game development.

How much has it raised?

Around $25M total, including a $15M Series A in 2024 co-led by The Spartan Group and Gumi Cryptos, with earlier backing from Animoca Ventures, LongHash Ventures and Alibaba Group.

What is the PARTI token?

PARTI is Particle's native token, launched in March 2025. It powers gas, staking and cross-chain settlement on the Particle Chain and is listed on major exchanges including Binance, OKX and Bybit.

Watch & learn

Interviews & demos

Search links to Particle Network talks, product walkthroughs and explainer videos.

Topics
chain abstraction universal accounts web3 infrastructure account abstraction modular layer-1 cross-chain universal gas erc-4337 mpc-tss wallet-as-a-service $parti web3 onboarding
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Sources: particle.network · Messari · The Block · Crunchbase · Morningstar Ventures. Figures are self-reported or third-party estimates and may be approximate.