Delegate
Delegate is a Web3 infrastructure platform enabling cross-chain wallet delegation and on-chain identity management for NFT and ERC20 token holders, securing $650 million in assets across 231,300+ wallets. Acquired by Landbase in April 2025.
- Company typePrivate
- Founded2022
- HeadquartersSan Francisco, United States
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What Delegate does
Delegate is a Web3 infrastructure company that provides cross-chain wallet delegation and on-chain identity management for holders of NFTs and ERC20 tokens. The platform allows users to link a hot wallet to act on behalf of their primary wallet, enabling airdrop claims, event ticketing, gameplay access, token ownership verification, and dApp interactions without exposing high-value assets to security risks. Core products include Delegate v2 (the latest protocol version with reduced gas costs), the Registry module (wallet-to-wallet delegation), a peer-to-peer Marketplace for trading delegate rights with eliminated counterparty risk, and Shadow NFTs (cross-chain asset representations). The Clusters protocol, developed with LayerZero, extends these capabilities into blockchain-based domains and broader cross-chain asset management.
The business operated on a product-led growth model with self-serve onboarding through delegate.xyz, monetizing primarily via marketplace commissions on delegate rights transactions. As of last reporting, the platform secured $650 million in assets across 231,300+ wallets and was integrated with 30+ partner projects including BAYC, Azuki, Yuga Labs, OpenSea, Manifold, Artblocks, and RTFKT. Delegate Labs had raised $9 million in a February 2024 seed round led by Electric Capital with participation from Arca, Variant, and Arrington Capital. In April 2025, Delegate was acquired by Landbase, an AI-driven go-to-market company, which has positioned the acquired technology as predictive customer success infrastructure for omnichannel sales outreach.
Delegate firmographics
Firmographics- Name
- Delegate
- Legal name
- Delegate
- Website
- https://delegate.xyz/
- Company type
- Private
- Founded year
- 2022
- Operating status
- Acquired
- Headcount range
- 1–10 employees
- Short description
- Delegate is a Web3 infrastructure platform enabling cross-chain wallet delegation and on-chain identity management for NFT and ERC20 token holders, securing $650 million in assets across 231,300+ wallets. Acquired by Landbase in April 2025.
- Ownership category
- akta.pro rank
Delegate industry classification
Industry- Product category
- Web3 Identity & Asset Delegation
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- NFT Custody, Wallets & Asset Management (collectibles wallets, vaults, portfolio tools) (FSAPAFAF)
- akta.pro secondary industries
- Cross-Chain Wallet & Asset Routing Infrastructure (FSADACAJ), Self-Custody Wallets (Consumer & Institutional) (FSADACAE), NFT Commerce, Ticketing & Utility Enablement (token-gated access, memberships, passes, ticketing rails) (FSAPAFAJ)
Keywords
Where Delegate is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Markets served
Delegate business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Marketplace Commission: Users can buy or sell delegate rights through the Delegate Marketplace. The marketplace eliminates counterparty risk for transactions.
- Acquisition: Company was acquired by Landbase in April 2025, integrating its predictive customer success technology into Landbase's AI-driven offerings.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
Delegate product offering
Product offeringCore offering
Delegate provides a cross-chain wallet delegation protocol that lets users link a hot wallet to act on behalf of a primary wallet holding valuable NFTs and ERC20 tokens, enabling secure airdrop claims, event ticketing, gameplay, and token ownership proofs without exposing the vaulted assets. Its Registry module manages wallet links, a peer-to-peer Marketplace trades delegate rights without counterparty risk, and Shadow NFTs extend asset representations across multiple chains. The platform secures approximately $650 million in assets across 231,300+ wallets and integrates with 30+ major NFT projects.
Product overview
Delegate operates as a multi-module Web3 identity and asset management platform. The core offering is Delegate v2, which encompasses a Registry for linking hot wallets to act on behalf of primary wallets (enabling airdrop claims, event ticketing, and gameplay) and a Marketplace for buying and selling delegate rights with eliminated counterparty risk. A companion feature called Shadow NFTs provides cross-chain representations of assets that can be deployed chain-specifically or chain-wide. The platform also provides developer-facing Documentation. Delegate was originally developed by Delegate Labs (which raised a $9M seed round for its Clusters protocol) and was subsequently acquired by Landbase in April 2025.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- $650 million in assets secured on platform
- +1 more outcomes
Companies that use Delegate
Customer profileNamed customers11 records
Segments2 records
Ideal customer profiles2 records
Delegate technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Delegate partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and major.
- LandbasecoreAcquired Delegate in April 2025 to integrate its predictive customer success technology into Landbase's AI-driven go-to-market offerings for omnichannel sales outreach.
- LayerZerocoreCollaboration with LayerZero on the Clusters protocol for blockchain-based domains. This cross-chain infrastructure enables Web3 domain functionality across multiple blockchain networks.
- Bored Ape Yacht Club (BAYC)majorPremier NFT collection integrated with Delegate for member wallet delegation.
- Yuga LabsmajorParent company of BAYC and Otherdeed, integrated with Delegate's services.
- OpenSeamajorLeading NFT marketplace integrated with Delegate ecosystem.
- AzukimajorProminent NFT collection integrated with Delegate for member services.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Delegate competitors and assessment
Company assessmentDirect peers
- WalletConnect: Wallet connectivity and session protocol enabling dApps to connect to wallets. Highly comparable to Delegate, which also brokers wallet-to-wallet interactions and session-style permissions for on-chain actions.
- Safe (Gnosis Safe): Smart contract wallet platform enabling multisig and delegated access for digital assets. Directly comparable to Delegate's delegation model for NFTs and ERC20s, addressing the same self-custody-with-controlled-access problem.
- Privy: Embedded wallet infrastructure for Web3 applications with authentication, key management, and delegated access. Compares to Delegate as another developer-facing wallet/identity layer for consumer and enterprise apps.
- Dynamic: Web3 wallet-based authentication and identity infrastructure for applications. Comparable to Delegate as an identity and access management layer sitting between users, wallets, and dApps.
- Lit Protocol: Decentralized key management and access control infrastructure using threshold cryptography. Comparable to Delegate for delegated signing, conditional key access, and cross-chain asset control primitives.
- Web3Auth: Key management and wallet infrastructure using MPC and social login. Comparable to Delegate as wallet/identity infrastructure that brokers secure access to on-chain assets without exposing full custody.
- Turnkey: Embedded wallet and key management infrastructure for developers, with policy-based signing and delegated access. Comparable to Delegate as programmable custody/identity infrastructure for Web3 builders.
Broad incumbents
- Fireblocks: Institutional digital asset custody and wallet infrastructure with MPC-based key management. A broader incumbent addressing a similar wallet/security problem at enterprise scale versus Delegate's NFT-focused delegation niche.
Emerging players
- Tokenproof: NFT authentication and ticketing platform using delegated wallet access to prove token ownership without exposing the primary wallet. Direct overlap with Delegate's ticketing and ownership-proof use cases.
- Capsule (formerly Notifi): Cross-chain wallet and messaging infrastructure for Web3 applications. Comparable to Delegate in the cross-chain identity and wallet-routing space serving NFT and dApp developers.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Delegate social profiles
Digital presenceDelegate financial estimates
Financial estimateRevenue estimate
Valuation estimate
Delegate leadership team
Management profileNumber of profiles
Delegate funding detail
Funding detailFunding overview
Funding rounds2 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Delegate 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 Delegate
What does Delegate do?
Delegate provides a cross-chain wallet delegation protocol that lets users link a hot wallet to act on behalf of a primary wallet holding valuable NFTs and ERC20 tokens, enabling secure airdrop claims, event ticketing, gameplay, and token ownership proofs without exposing the vaulted assets. Its Registry module manages wallet links, a peer-to-peer Marketplace trades delegate rights without counterparty risk, and Shadow NFTs extend asset representations across multiple chains. The platform secures approximately $650 million in assets across 231,300+ wallets and integrates with 30+ major NFT projects.
Is Delegate a public or private company?
Delegate is a private company. It is classified as corporate owned and is currently acquired.
When was Delegate founded?
Delegate was founded in 2022. It employs 1 to 10 people.
Where is Delegate based?
Delegate is headquartered in San Francisco, United States, in the North America region.
How does Delegate make money?
Two revenue lines are on record. Marketplace Commission is the primary driver. The others are acquisition.
Who are Delegate's main competitors?
Direct peers on record are WalletConnect, Safe (Gnosis Safe), Privy, Dynamic, Lit Protocol, Web3Auth and Turnkey. Fireblocks is listed as a broad incumbent. Emerging players are Tokenproof and Capsule (formerly Notifi).
Does Delegate have an API?
No public API is recorded for Delegate.
What industry is Delegate in?
Delegate's product category is Web3 Identity & Asset Delegation. Its primary akta.pro industry code is FSAPAFAF, NFT Custody, Wallets & Asset Management (collectibles wallets, vaults, portfolio tools), with a secondary code of FSADACAJ, Cross-Chain Wallet & Asset Routing Infrastructure. Its NAICS code is 52232 and its SIC code is 6199.