Welcome to the first in a new series of BOB ecosystem spotlights.  Today we’ll be taking a closer look at one of our infrastructure partners, Dynamic.

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Although often hidden behind the scenes, Dynamic has had an important role to play in the launches of BOB Pay and BOB Stake, abstracting away the requirement for native BTC holders to also need an EVM wallet.

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What is Dynamic?

Dynamic specialises in wallet-based authentication, and offers a suite of infrastructure tools designed to make it easy for developers to create wallet-based login, onboarding, and authentication flows.

Dynamic supports more chains and wallets than other web3 auth providers, while also offering multi-chain embedded wallets to help abstract away complexity.

Users benefit by being able to use familiar social login methods to easily enter and interact with web3, while developers have access to powerful and easy-to-use SDKs and APIs that require little to no configuration.

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Meet the Team

Dynamic was founded by co-founders Yoni Goldberg and Itai Turbahn, who first met as undergrads at the prestigious Massachusetts Institute of Technology (MIT) 18 years ago.

Both decided to build a company that revolves around shared financial and identity rails, and identified that wallet-based authentication creates a fundamentally better customer and developer experience. What ensued from this was a web3 non-consumer tooling suite to facilitate universal logins.

The company has since hit a number of big milestones. This includes securing $13.5M in Series A funding from powerhouse investors like a16z crypto and Castle Island Ventures, growing the team to 25 full-time employees, and securing a sizable customer base, including the likes of Lamborghini, Magic Eden and Doodles.

As of today, Dynamic's infrastructure powers millions of wallet connections each month.  

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Why They Are Interesting

By integrating social logins (such as Google and TikTok) into an embedded wallet solution, Dynamic is removing the hurdles that often deter newcomers from exploring Web3. Because crypto novices can now manage multiple crypto wallets under a single interface, and without needing to create separate accounts for each, cross-chain use cases that formerly attracted more advanced users are now much more appealing to regular users. This includes provisions for Bitcoin DeFi, which will be fundamental for expanding use cases in the BOB ecosystem.

On the developer side, Dynamic’s solution provides pre-built UI components, robust compliance checks (like OFAC screening), and advanced customization options. This shortens development time and frees teams to focus on building innovative products, rather than wrestling with wallet integrations or managing complex key setups.

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What This Means for BOB Users

For BOB, Dynamic’s infrastructure has already been pivotal in simplifying how users interact with BTC:

  • BOB Pay: Dynamic’s auth and wallet abstraction make logging in easy, with users being able to use conventional methods such as an email or Telegram account. This turns BOB Pay into one of the most straightforward Bitcoin payment solutions around—accessible even to users who have never used an EVM wallet or a traditional crypto wallet before.
  • BOB Stake: By removing the need to set up an additional EVM wallet, Dynamic helps newcomers stake BTC in just a few clicks. This user-focused design lowers barriers to entry and makes it easier for traditional Bitcoin holders to engage with DeFi opportunities on BOB.

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What’s Next

The Dynamic team shares BOB’s vision of a hybrid future, and we will continue to work closely with them to overcome one of the oldest challenges in building on Bitcoin—onboarding BTC holders to an EVM environment.

With Dynamic providing BOB with an industry leading UX solution, we are one step closer to achieving our goal of unlocking Bitcoin’s dormant liquidity base, and becoming the home of BTC DeFi.

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