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Vol. II — No. 184Remarkable People · Exceptional CompaniesToday's Edition
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Tagged: xion

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Burnt
Crypto · Developer Tools · Consumer

Burnt

Burnt is a New York-based Web3 company and the core team behind XION, a Layer 1 blockchain built to make crypto invisible to everyday users. Founded by Anthony Anzalone - better known as the artist-provocateur 'Burnt Banksy' - the company uses 'generalized abstraction' to remove wallets, private keys and gas fees so that people can sign in with an email or a face scan and pay in USDC. Burnt has raised more than $36M from investors including Animoca Brands, Circle Ventures and Multicoin, and pitches XION as consumer-grade infrastructure for brands like Uber, BMW and others. In 2026 the XION network rebranded to Verona.

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