My guest today is Nitya Subramanian, founder of Capsule.
Capsule is an embedded wallet SDK that leverages Passkeys, MPC, and AA Smart Accounts to simplify the user experience around wallet creation and transaction signing. Apps that integrate Capsule's embedded wallet SDK authenticate users by their email address. Capsule creates a Passkey for each user, which is configured as a signer on a 2/2 Multi-Party Computation. This MPC, in turn, is the signer on a 4337 smart account. Users that have created a Capsule account in another app will be able to access it in any future app they log into with the same email address. In other words, Capsule is a cross-domain embedded wallet provider.
In this conversation, Nitya explains the MPC setup underlying Capsule, and provides hints at the team's forthcoming release, which aims to allow secure cross-app smart account access, programmable MPC permissions, and automations for common actions like Dollar Cost Averaging.
It was great talking to Nitya about Capsule, which is making strides in the challenging domain of cross-app embedded wallets for a mainstream audience. I hope you enjoy the show.
As always, this show is provided as entertainment and does not constitute legal, financial, or tax advice or any form of endorsement or suggestion. Crypto has risks and you alone are responsible for doing your research and making your own decisions.
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