$WCT was founded by Pedro Gomes, who serves as the director of the WalletConnect Foundation, leading the project towards decentralization. The core team includes members from well-known institutions such as the Bank of England and Amazon, with extensive experience in blockchain and financial technology. The team focuses on building chain-agnostic Web3 infrastructure, simplifying the development and connection of dApps and wallets through AppKit and WalletKit tools. Since its establishment in 2018, it has raised over $24.75 million from institutions such as Hashkey, Coinbase, and ConsenSys. The WalletConnect Foundation was established in 2024, dedicated to promoting community governance and decentralized development of the network.