Delegate

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.

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

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

• Cross-chain delegation
• Onchain identity
• Wallet delegation
• NFT security
• Web3 infrastructure

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Marketplace Commission: Users can buy or sell delegate rights through the Delegate Marketplace. The marketplace eliminates counterparty risk for transactions.
2. 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

Core 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

Named customers11 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and major.

• LandbasecoreStrategic or Co-development Partner · 10 April 2025Acquired Delegate in April 2025 to integrate its predictive customer success technology into Landbase's AI-driven go-to-market offerings for omnichannel sales outreach.
• LayerZerocoreTechnology or Integration · 1 February 2024Collaboration 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)majorTechnology or IntegrationPremier NFT collection integrated with Delegate for member wallet delegation.
• Yuga LabsmajorTechnology or IntegrationParent company of BAYC and Otherdeed, integrated with Delegate's services.
• OpenSeamajorTechnology or IntegrationLeading NFT marketplace integrated with Delegate ecosystem.
• AzukimajorTechnology or IntegrationProminent NFT collection integrated with Delegate for member services.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct 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

• Xx.com/delegatedotxyz

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors14 records

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

M&A

Investments

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

Frequently asked questions about Delegate