What MyCrypto does

MyCrypto, Inc. is a privately held software company headquartered in Redondo Beach, California, that develops an open-source, client-side Ethereum wallet interface. Originally launched in 2015 as MyEtherWallet (MEW) and rebranded to MyCrypto with the formation of MyCrypto, Inc. in 2019, the company provides two core products: the MyCrypto Web Application at app.mycrypto.com and the MyCrypto Desktop Application, both of which allow users to import, view, and manage Ethereum accounts and ERC-20 tokens without surrendering custody of private keys. Supporting features include a unified account dashboard, a combined transaction history view, and a Transaction Safety Checker that validates recipient addresses against a proprietary database of more than 50 million labeled Ethereum accounts to reduce the risk of phishing and erroneous transfers. The platform integrates with major hardware wallets (Ledger, Trezor) and software wallets (MetaMask, WalletConnect, Frame, Trust) and is distributed under an MIT license with the full source code available on GitHub for community audit.

MyCrypto serves individual cryptocurrency users seeking self-custody of their digital assets, particularly those who want to manage Ethereum accounts without relying on centralized exchanges. Its target segments are horizontal and persona-based: privacy- and security-conscious retail crypto holders, hardware wallet owners looking for a more capable interface than vendor-provided software, and DeFi participants who need a non-custodial entry point. The company runs a product-led growth motion with no sales team; users discover the tool through organic search, community recommendations, and word-of-mouth, supported by social media, Discord, Reddit, Telegram, a Medium blog, and a comprehensive knowledge base.

The business model is freemium in structure but effectively affiliate-driven: the wallet interface is free to use, with no subscriptions, tiers, or transaction fees, and the company monetizes primarily through referral and affiliate commissions generated when users purchase hardware wallets (Ledger, Trezor), Ethereum node services (QuikNode), crypto on-ramps (Coinbase, MoonPay), or blockchain domains (Unstoppable Domains) through MyCrypto's interface. The company has raised a disclosed $4 million funding round led by Polychain Capital in August 2018, acquired Ambo in January 2019, and operates with a headcount of 11-50 employees, with no publicly disclosed revenue figure.

Name

MyCrypto

Legal name

MyCrypto, Inc.

Website

https://mycrypto.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

MyCrypto, Inc. is a Redondo Beach-based software company that provides a free, open-source, client-side Ethereum wallet interface for individual users seeking self-custody of their cryptocurrency, monetizing through affiliate partnerships with hardware wallet and crypto service providers.

Ownership category

akta.pro rank

Product category

Crypto Wallet Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Self-Custody Wallets (Consumer & Institutional) (FSADACAE)

akta.pro secondary industries

Digital Wallet Platforms (Consumer & Merchant) (BPAMAFAC), Wallet Connectivity & Session Protocols (WalletConnect, deep links, QR, auth sessions) (FSAPACAF)

Keywords

• Ethereum wallet manager
• Non-custodial crypto wallet
• Blockchain wallet interface
• Hardware wallet integration
• Open-source crypto tools

Headquarters

HQ city

Redondo Beach

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Platform usage (free): MyCrypto is a free, open-source tool. The company does not charge users for wallet management functionality. Revenue model appears to rely on affiliate commissions from recommended hardware wallet purchases and partner services rather than direct product monetization.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

MyCrypto is an open-source, client-side Ethereum wallet interface that lets individuals import, manage, and transact with their Ethereum accounts, ERC-20 tokens, and DeFi interactions while retaining full custody of private keys. It is delivered as a free web application (app.mycrypto.com) and a downloadable desktop application, with native compatibility for hardware wallets (Ledger, Trezor) and software wallets (MetaMask, WalletConnect, Frame, Trust). Monetization relies on affiliate commissions from partner services rather than direct user fees.

Product overview

MyCrypto offers a portfolio of Ethereum wallet management products designed to give users full control of their cryptocurrency assets without surrendering custody. The core offering consists of the MyCrypto Web Application (app.mycrypto.com) for browser-based access and the MyCrypto Desktop Application for additional security. Supporting modules include Account Management for importing and unifying Ethereum accounts, a Transaction History Dashboard providing combined views across all accounts, and a Transaction Safety Checker that validates recipients against labeled addresses. The platform is non-custodial, meaning private keys and passwords are never saved, stored, or transferred.

Differentiator

Problem solved

Functional benefit

Products and services

• MyCrypto Web Application Browser-based Ethereum wallet interface at app.mycrypto.com that lets users import, view, and manage Ethereum accounts and ERC-20 tokens with full private-key custody retained on the user's device. Designed for individual self-custody crypto users who want to interact with Ethereum-based blockchains, send/receive ETH and tokens, and connect to DeFi protocols without trusting a centralized custodian.
• MyCrypto Desktop Application Downloadable Linux (64-bit) desktop wallet that provides an additional local security layer for users managing Ethereum assets, complementing the browser-based interface. Targeted at individual crypto holders who want a hardened, locally installed client rather than a browser-only wallet.

Quantifiable outcome

• 50M+ labeled Ethereum accounts in safety database

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Three partnerships are on record, tiered minor.

• QuikNodeminorGTM or Marketing PartnerAffiliate partnership for Ethereum node services. MyCrypto recommends QuikNode to users needing reliable node infrastructure.
• CoinbaseminorGTM or Marketing PartnerAffiliate partnership for ETH purchasing. MyCrypto directs users to Coinbase for buying cryptocurrency.
• Unstoppable DomainsminorGTM or Marketing PartnerPartnership for blockchain domain integration. MyCrypto supports Unstoppable Domains for login and wallet addresses.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Coinbase Wallet: Coinbase-branded self-custody wallet leveraging the exchange's brand, fiat on-ramp, and user base. Broader portfolio play but overlaps on Ethereum self-custody and is an affiliate partner of MyCrypto.
• Ledger: Leading hardware wallet manufacturer whose devices integrate with MyCrypto. An incumbent in the broader self-custody stack rather than a direct interface competitor.

Direct peers

• Frame: Open-source Ethereum desktop/extension wallet with strong power-user positioning. Directly competes with MyCrypto for the privacy-conscious, self-custody Ethereum user.
• Rabby Wallet: DeBank-built Ethereum-focused wallet known for transaction safety checks and chain visibility. Closest direct comparable to MyCrypto's "Transaction Safety Checker" feature.
• Trust Wallet: Binance-owned multi-chain self-custody wallet with mobile-first UX and broad token coverage. Comparable non-custodial value proposition and dApp browser.
• MyEtherWallet: The open-source Ethereum wallet interface from which MyCrypto was forked and rebranded. Operates the same client-side wallet paradigm and overlapping user base.
• MetaMask: Consensys-backed Ethereum browser extension and mobile wallet. Most direct competitor: serves the same non-custodial Ethereum user base with similar account management, dApp connectivity, and hardware wallet integration.
• Rainbow: Mobile-first Ethereum wallet with strong UX and collectibles focus. Targets the same self-custody Ethereum retail segment with a more consumer-product polish.
• Phantom: Popular multi-chain self-custody wallet (originally Solana, now Ethereum and Polygon). Competes for the same non-custodial retail user with a polished UX and mobile-first experience.
• Exodus Wallet: Multi-chain desktop and mobile self-custody wallet with built-in exchange integrations. Comparable self-custody positioning across desktop and mobile surfaces.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/mycrypto
• GitHubgithub.com/MyCryptoHQ
• Facebookfacebook.com/mycryptoHQ
• LinkedInlinkedin.com/company/mycrypto

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MyCrypto