Trust Wallet
Trust Wallet is a non-custodial multi-chain cryptocurrency wallet serving 220M+ individual crypto users across 100+ blockchains, monetizing indirectly via integrated service fees from third-party on-ramps, swaps, staking, perpetuals, prediction markets, and tokenized real-world assets, and is majority-owned by Binance founder CZ.
- Company typePrivate
- Founded2017
- HeadquartersMountain View, United States
- Headcount101–250
- GTM typeB2C
- OfferingSoftware
What Trust Wallet does
Trust Wallet is a non-custodial, multi-chain self-custody cryptocurrency wallet founded in 2017 and acquired by Binance in 2018, with the company majority-owned by Binance founder Changpeng Zhao (CZ). The platform is available as a mobile app (iOS and Android), a Chrome browser extension, and direct APK download, and supports over 10 million digital assets across 100+ blockchains including Bitcoin, Ethereum, Solana, and BNB Chain, alongside management of 600 million+ NFTs. Built on the open-source Wallet Core library, the wallet enables users to buy, sell, swap, stake, lend, and browse decentralized applications while retaining control of their private keys.
The core wallet product is extended by a suite of integrated modules: SWIFT (account abstraction with social recovery and gasless transactions), Perps (perpetual futures trading up to 200x leverage powered by Aster DEX and Hyperliquid), Prediction Markets (powered by Myriad with planned Polymarket and Kalshi integrations), RWAs including Binance bStocks (tokenized US securities on BNB Chain), Address Poisoning Protection across 32 EVM chains, and the Trust Wallet Agent Kit enabling AI agents to execute transactions across 25+ blockchains under user-defined permissions. The product roadmap accelerated meaningfully under CEO Felix Fan, who joined in February 2026 from OKX.
The business model is freemium with indirect monetization: Trust Wallet does not charge users directly for wallet functionality and instead earns revenue through integrated service fees shared with third-party providers (MoonPay, Transak, Banxa, Ramp, Coinme, Revolut) on fiat-to-crypto on-ramps, plus affiliate and referral fees from exchanges and DeFi protocols routing users through the wallet. Distribution is exclusively product-led and self-serve via app stores and the Chrome Web Store, with no enterprise sales motion. The company holds ISO 27001 and ISO 27701 certifications, employs 101-250 people, and is headquartered in San Francisco, with operations under Allmobile Ltd referencing Singapore and Bahrain jurisdictions.
Trust Wallet firmographics
Firmographics- Name
- Trust Wallet
- Legal name
- Trust Wallet
- Website
- https://trustwallet.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Trust Wallet is a non-custodial multi-chain cryptocurrency wallet serving 220M+ individual crypto users across 100+ blockchains, monetizing indirectly via integrated service fees from third-party on-ramps, swaps, staking, perpetuals, prediction markets, and tokenized real-world assets, and is majority-owned by Binance founder CZ.
- Ownership category
- akta.pro rank
Trust Wallet industry classification
Industry- Product category
- Cryptocurrency Wallet
- NAICS
- Trust, Fiduciary, and Custody Activities (523991)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Self-Custody Wallets (EOA, seed phrase, HD wallets) (FSAPACAA)
- akta.pro secondary industry
- Custodial Wallets & Hosted Accounts (exchange/fintech custody, omnibus wallets) (FSAPACAC)
Keywords
Where Trust Wallet is headquartered
LocationHeadquarters
- HQ city
- Mountain View
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Trust Wallet business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Integrated service fees: Trust Wallet earns revenue through integrated third-party services including crypto purchases (via providers like MoonPay, Transak, Banxa, Ramp), swaps, staking, and on-ramps. These providers typically charge transaction fees of 1-5% which may be shared with Trust Wallet. The company swung from ~$10M annual losses to near breakeven in 2025.
- Affiliate and referral fees: Trust Wallet generates affiliate revenue from directing users to exchanges, DeFi protocols, and partner platforms for trading, staking, and other services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free tier - core wallet functionality |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Trust Wallet product offering
Product offeringCore offering
Trust Wallet is a non-custodial, self-custody multi-chain cryptocurrency wallet available as a mobile app (iOS/Android) and browser extension. It enables individual users to store, buy, sell, swap, stake, and manage cryptocurrency and NFT assets across 100+ blockchains and 10M+ digital assets while retaining full control of their private keys. The platform also integrates DeFi services (perpetuals, lending), tokenized real-world assets, prediction markets, fiat on-ramps, and AI agent capabilities directly within the wallet interface.
Product overview
Trust Wallet is a self-custody, non-custodial multi-chain cryptocurrency wallet available as both a mobile app (iOS/Android) and a browser extension (Chrome). The platform functions as a comprehensive Web3 gateway supporting over 10 million digital assets across 100+ blockchains including Bitcoin, Ethereum, Solana, BNB Chain, and many more. The core wallet product is extended by a suite of integrated modules: Swaps for in-wallet token exchange, Staking for earning network rewards, NFTs for digital collectible management, Buy Crypto for fiat on-ramps, SWIFT for account abstraction, RWAs for tokenized real-world assets including bStocks, Perps for perpetual futures trading powered by Aster DEX, and Prediction Markets powered by Myriad. AI capabilities are delivered through the Agent Kit enabling autonomous AI-driven crypto operations across 25+ chains. The developer platform includes open-source Wallet Core library and comprehensive documentation. The Trust Moon accelerator extends the ecosystem by supporting Web3 builders, while the Trust Squad program builds community engagement.
Differentiator
Problem solved
Functional benefit
Products and services
- Trust Wallet Mobile App Trust Wallet's primary non-custodial multi-chain mobile cryptocurrency wallet available on iOS and Android, enabling users to store, buy, sell, swap, and stake crypto assets across 100+ blockchains with over 10 million digital assets supported. Targets individual consumers seeking self-custody of digital assets with integrated DeFi, NFT, and fiat on-ramp functionality.
- Trust Wallet Browser Extension A desktop-optimized Web3 browser extension for Chrome that provides an integrated trading experience, DApp browser access, and multi-chain wallet management on desktop platforms. Targets individual crypto users who prefer desktop Web3 interaction.
- Trust Wallet Agent Kit (TWAK) A standalone developer toolkit enabling AI agents to execute real cryptocurrency transactions across 25+ blockchains within user-defined permissions. Features autonomous AI wallet mode and WalletConnect-based user approval workflows, integrated with the Model Context Protocol. Targets Web3 developers and AI agent builders creating autonomous trading, wallet management, and DeFi automation solutions.
- Trust Wallet Wallet Core An open-source, mobile-focused cryptocurrency wallet library enabling blockchain developers to build native dApps and wallets that connect with Trust Wallet's user base. Targets Web3 developers building wallet infrastructure.
- Trust Moon Accelerator A Web3 accelerator program helping blockchain projects launch and scale by leveraging Trust Wallet's 210+ million user base across 100 blockchains, with support from partners including Binance, Polygon, and AWS offering funding, marketing, and ecosystem integration. Targets Web3 startup teams building in DeFi, stablecoins, and AI categories.
Companies that use Trust Wallet
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
Trust Wallet technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration16 records
AI capability6 records
Feature8 records
Trust Wallet partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- BNB Chain (BNBAgent SDK)coreBNB Chain launched BNBAgent SDK on mainnet as standardized infrastructure for AI agents, with Trust Wallet as a launch partner alongside Google, AWS, Binance Pay, and Binance Wallet. The SDK provides modular components for identity, commerce, payments, and storage for autonomous AI agents.
- MoonPaycoreMoonPay launched Headless Onramps API integration with Trust Wallet as an initial partner, enabling one-tap crypto purchases via Apple Pay, cards, and Google Pay across the US, EEA, and 100+ countries. MoonPay manages payment rails and compliance while Trust Wallet provides the self-custody destination.
- MeshminorTrust Wallet and Mesh announced plans to integrate AI agents into their cryptocurrency wallet platforms at Consensus Miami, transforming wallets into intelligent tools capable of managing funds, executing trades, and enhancing security autonomously.
- HyperliquidcoreTrust Wallet integrated Hyperliquid, a high-performance decentralized blockchain with over $4 trillion in trading volume, enabling its 220 million+ users to trade perpetual contracts including real-world assets (oil, precious metals, equities, S&P 500 perpetuals) directly within the mobile app. This makes Trust Wallet the first mobile wallet to offer perp trading with RWA markets.
- CoinMarketCapcoreTrust Wallet relies on CoinMarketCap API to display real-time token prices across more than 10 million digital assets on 100+ blockchains. CoinMarketCap handles over 1 billion API calls per month across 2.4 million assets, serving as the foundational data layer for Trust Wallet's price display functionality.
- CoinmecoreTrust Wallet launched Cash Deposits, enabling users to convert physical cash into digital assets including USDC, BTC, and SOL at over 15,000 U.S. retail locations. Powered by Coinme's infrastructure, the service delivers funds to self-custody wallets within minutes. Polygon is pending acquisition of Coinme.
- RevolutcoreRevolut and Trust Wallet launched an integration enabling users across the European Economic Area to purchase Bitcoin, Ethereum, Solana, USDC, and USDT directly into self-custody wallets using Revolut Pay, debit cards, or bank transfers with zero fees when using existing Revolut balance. The partnership leverages Revolut's MiCA license secured from Cyprus Securities and Exchange Commission.
- MyriadcoreMyriad partnered with Trust Wallet to launch the first in-wallet prediction markets, enabling users to trade on event outcomes within their self-custodial wallets. Trust Wallet plans future integrations with Polymarket and Kalshi.
- Binance, Polygon, AWS (Trust Moon accelerator)coreTrust Moon is Trust Wallet's Web3 accelerator program supported by partners Binance, Polygon, and AWS. The program offers funding, marketing, and ecosystem integration opportunities for blockchain projects in categories including DeFi, stablecoins, and AI.
Scale indicators8 records
Recent moves6 records
Expansion highlights7 records
Trust Wallet competitors and assessment
Company assessmentDirect peers
- MetaMask: MetaMask is the largest self-custody crypto wallet by user base, supporting EVM chains plus expanding to Solana via Snaps. It is the most direct competitor to Trust Wallet across mobile, browser extension, and multi-chain DeFi access.
- Phantom: Phantom is a leading multi-chain self-custody wallet originally built for Solana and now expanding to Ethereum, Bitcoin, and Polygon. It competes head-to-head with Trust Wallet on mobile UX, swaps, and integrated DeFi.
- OKX Wallet: OKX Web3 Wallet is a non-custodial multi-chain wallet from the OKX exchange, offering swaps, perps, and DeFi access. It directly competes with Trust Wallet, particularly given the prior OKX background of Trust Wallet's current CEO.
- Exodus: Exodus is a multi-chain self-custody wallet available on desktop and mobile, supporting 50+ blockchains with integrated swaps and staking. It is a comparable retail-focused self-custody competitor to Trust Wallet.
- 1inch Wallet: 1inch Wallet is a self-custody multi-chain wallet from the 1inch DEX aggregator, focused on best-execution swaps. It directly competes with Trust Wallet's swap and DeFi aggregation experience.
Broad incumbents
- Coinbase Wallet: Coinbase Wallet is the self-custody product of Coinbase, a major US-listed crypto exchange. It overlaps with Trust Wallet on multi-chain asset storage, swaps, and DeFi access, but is embedded within a broader regulated exchange platform.
- Binance (custodial in-app wallet): Binance offers a custodial in-app wallet as part of its exchange platform, which competes for the same user transactions and on-ramps but operates on a custodial model. As Trust Wallet's parent, it is both an owner and a complementary/competing custody solution.
Emerging players
- Rainbow: Rainbow is an Ethereum-focused self-custody mobile wallet with strong UX and DeFi/NFT features. It overlaps with Trust Wallet's mobile-first EVM use cases but has a narrower chain footprint.
- Zerion: Zerion is a non-custodial DeFi wallet and portfolio tracker with multi-chain support and in-app swaps. It competes with Trust Wallet on the DeFi power-user segment.
- Safe (formerly Gnosis Safe): Safe is the leading multi-sig smart contract wallet for individuals and DAOs, with strong account-abstraction capabilities. It overlaps with Trust Wallet's SWIFT smart contract wallet feature for high-value self-custody users.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Trust Wallet social profiles
Digital presenceTrust Wallet compliance and trust
Trust signalCompliance2 records
Trust Wallet financial estimates
Financial estimateRevenue estimate
Valuation estimate
Trust Wallet leadership team
Management profileNumber of profiles
Profiles4 records
Trust Wallet funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Trust Wallet M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Trust Wallet
What does Trust Wallet do?
Trust Wallet is a non-custodial, self-custody multi-chain cryptocurrency wallet available as a mobile app (iOS/Android) and browser extension. It enables individual users to store, buy, sell, swap, stake, and manage cryptocurrency and NFT assets across 100+ blockchains and 10M+ digital assets while retaining full control of their private keys. The platform also integrates DeFi services (perpetuals, lending), tokenized real-world assets, prediction markets, fiat on-ramps, and AI agent capabilities directly within the wallet interface.
Is Trust Wallet a public or private company?
Trust Wallet is a private company. It is classified as corporate owned and is currently operating.
When was Trust Wallet founded?
Trust Wallet was founded in 2017. It employs 101 to 250 people.
Where is Trust Wallet based?
Trust Wallet is headquartered in Mountain View, United States, in the North America region.
How does Trust Wallet make money?
Two revenue lines are on record. Integrated service fees are the primary driver. The others are affiliate and referral fees.
Who are Trust Wallet's main competitors?
Direct peers on record are MetaMask, Phantom, OKX Wallet, Exodus and 1inch Wallet. Broad incumbents are Coinbase Wallet and Binance (custodial in-app wallet). Emerging players are Rainbow, Zerion and Safe (formerly Gnosis Safe).
Does Trust Wallet have an API?
No public API is recorded for Trust Wallet.
What industry is Trust Wallet in?
Trust Wallet's product category is Cryptocurrency Wallet. Its primary akta.pro industry code is FSAPACAA, Self-Custody Wallets (EOA, seed phrase, HD wallets), with a secondary code of FSAPACAC, Custodial Wallets & Hosted Accounts (exchange/fintech custody, omnibus wallets). Its NAICS code is 523991 and its SIC code is 6199.