Elysium Lab
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Elysium Lab was a Lugano, Switzerland Bitcoin startup founded by CEO Aron Clementi and CTO Gianmarco Guazzo. Part of the Lugano Plan B initiative, it built a non-custodial wallet for Bitcoin, Lightning, Blockstream's Liquid sidechain, and stablecoins, plus a patent-pending keyless authentication SDK called KARE designed to eliminate seed phrases without compromising user control — technology that saw adoption in over 30 countries.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Aron Clementi and Gianmarco Guazzo founded Elysium Lab in Lugano, Switzerland, raising about CHF 1 million in combined funding and grants.
- Acquired by Blockstream
On July 21, 2025, Blockstream announced its acquisition of Elysium Lab, with its patents and IP; the team joined Blockstream to launch Blockstream CH SAGL, its new European headquarters and incubator.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.