Spruce develops digital identity software for businesses to help them allow their users to control their identity with their Ethereum account instead of a traditional intermediary. They offer two products: SpruceID, an open source ecosystem of tools that enable user-controlled identity, and Kepler, a decentralized storage system that allows users to share digital credentials, private files, and sensitive media to blockchain accounts. Their software tools work seamlessly across blockchains, including Ethereum, Solana, Tezos, and Polygon. Blockchain's current CAGR is over 60%, indicating massive growth potential for companies like Spruce. The benefit of Spruce's sovereign storage facility is that it allows them to govern their personal data and own their own storage. Spruce's three co-founders, Wayne Chang, Jacob Blish, and Gregory Rocco, have varied backgrounds in token engineering and building financial products using blockchain. In addition to Ethereal Ventures and Electrical Capital, Spruce also has won the support of a variety of leading blockchain investors, including Bitkraft, Coinbase Ventures, Alameda Research, A. Capital Ventures, Protocol Labs, and the Gemini Frontier Fund.

Eliminate fraud and copy minting by allowing creators to prove ownership over their social media accounts, websites, and other blockchain addresses. Spruce enables lower collateralization ratios and sets up institutional-only pools by defining membership criteria. Spruce ensures that actors are the best person for the job or delegation by verifying their credentials and other DAO activity.