TL;DR
Offchain Labs acquired ZeroDev, a company that manages over five million smart accounts and collaborates with projects like Infinex and DIMO.
ZeroDev aims to address the Web3 user experience holistically, improving wallets, bridges, and on/offramps.
The collaboration will provide safer and more accessible tools, optimizing the management of smart accounts and cross-chain connectivity.
Offchain Labs acquired ZeroDev, the company that developed account abstraction solutions for Ethereum, strengthening its role in enhancing Web3 experiences.
Founded in 2022, ZeroDev contributed to the development of ERC-4337 and launched its platform at ETHDenver 2023, becoming the first solution of its kind to operate on Ethereum’s mainnet. Since then, the company has developed technologies now considered essential for smart accounts, including modular accounts, session keys, and chain-abstracted accounts.
Today, ZeroDev manages over five million smart accounts across various EVM-compatible chains and counts prominent projects such as Infinex, DeFi.app, DIMO, Crossmint, Yellow, and Rodeo among its clients.
The decision to join Offchain Labs comes from the evolution of the wallet ecosystem and the recognition that account abstraction is no longer the main barrier to Web3 adoption. ZeroDev recognized that user experience must be approached comprehensively, considering not only accounts but also wallet interfaces, cross-chain bridges, and on/offramps. With this perspective, the company evaluated whether to continue independently or join a larger team capable of delivering more complete solutions.
The Goal of the Offchain Labs and ZeroDev Merger
The partnership with Offchain Labs materialized due to shared objectives in enhancing the user experience through a unified stack and Offchain Labs’ proven R&D capabilities. Projects such as Arbitrum, Orbit, Stylus, and Prysm demonstrate that Offchain Labs has the resources to execute ambitious initiatives, providing developers with advanced and robust tools.
Through this integration, ZeroDev seeks to expand its capabilities to develop solutions that make building Web3 applications more accessible and efficient. The collaboration will allow the teams to combine technical expertise and ecosystem knowledge to deliver more intuitive interfaces, smoother cross-chain connectivity, and greater security in smart account management.
By joining Offchain Labs, ZeroDev aims to streamline complex Web3 interactions and drive adoption of decentralized applications with more integrated and functional tools. This integration will strengthen both companies, enabling them to focus on developing solutions that combine technological innovation with practical experience in smart account management and cross-chain operations