Innovative company Tools for Humanity, founded by Sam Altman, has announced the acquisition of Ethereum-based application Dawn Wallet. The deal was confirmed on June 19, 2025.
Acquisition Announcement
Tools for Humanity confirmed the acquisition of Dawn Wallet, aiming to integrate its technology into World App, part of the Worldcoin ecosystem. The founders of Dawn Wallet will join the Tools for Humanity team.
Strategic Goals of the Deal
The acquisition allows Tools for Humanity to strengthen the functionality of World App through advanced Ethereum integration. "The team will focus on bringing next generation finance to World App," stated representatives from Tools for Humanity.
Market and Financial Implications
Significant market changes are anticipated: enhanced Ethereum support in the Worldcoin ecosystem may affect other cryptocurrencies like Uniswap and Aave. The integration of Dawn Wallet's technologies is expected to increase the user base of World App due to improved security and enhanced functionality.
Thus, the acquisition of Dawn Wallet represents an important step for Tools for Humanity, opening new opportunities for growth and innovation within the Worldcoin ecosystem.
