Leap Wallet
Leap Wallet was a non-custodial cryptocurrency wallet originally built for the Terra blockchain and later expanded to over 100 Cosmos chains, serving individual crypto users with DeFi, NFT, and dApp access until its announced May 2026 shutdown.
- Company typePrivate
- Founded2022
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What Leap Wallet does
Leap Wallet was a non-custodial cryptocurrency wallet provider originally built for the Terra blockchain and later expanded to support over 100 Cosmos-based chains. The wallet gave individual crypto users access to decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and decentralized applications (dApps) through a single interface, with proprietary features including built-in NFT viewing/management and in-wallet mini applications. As a non-custodial solution, the company did not hold users' private keys; the documented revenue stream was transaction fees on wallet operations, though no pricing or monetization mechanics were publicly disclosed.
The company pursued a product-led, self-serve distribution model, distributing its mobile application directly to consumers via app stores and direct download without sales intermediation, and relied on community-driven marketing within the Cosmos ecosystem. Its target customer base was individual cryptocurrency users seeking secure, multi-chain asset management, with a secondary use-case segment of Cosmos stakers delegating tokens such as ATOM to Leap's validator. There were no disclosed enterprise customers, no B2B contracts, and no named logos.
Founded in 2022 in Vancouver, Canada, Leap Wallet raised $3.2 million in an April 2022 private token sale co-led by CoinFund and Pantera Capital, with participation from Arrington Capital, Accel, and Terraform Labs. The company operated with a small team (1–10 employees) and announced in April 2026 that it would cease all operations by May 28, 2026, citing competitive unit economics and thin revenue streams as the primary reasons for the shutdown.
Leap Wallet firmographics
Firmographics- Name
- Leap Wallet
- Legal name
- Leap Wallet
- Website
- https://leapwallet.io
- Company type
- Private
- Founded year
- 2022
- Operating status
- Closed
- Headcount range
- 1–10 employees
- Short description
- Leap Wallet was a non-custodial cryptocurrency wallet originally built for the Terra blockchain and later expanded to over 100 Cosmos chains, serving individual crypto users with DeFi, NFT, and dApp access until its announced May 2026 shutdown.
- Ownership category
- akta.pro rank
Leap Wallet industry classification
Industry- Product category
- Cryptocurrency Wallets
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Self-Custody Wallets (Consumer & Institutional) (FSADACAE)
- akta.pro secondary industry
- Self-Custody Wallets (EOA, seed phrase, HD wallets) (FSAPACAA)
Keywords
Where Leap Wallet is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Markets served
Leap Wallet business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure
Revenue model
- Wallet Operations (Discontinued): Non-custodial wallet operations faced competitive unit economics and thin revenue streams. The company shut down citing unsustainable cost structures and declining activity concentrating among top players in the space.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Leap Wallet product offering
Product offeringCore offering
Leap Wallet was a non-custodial cryptocurrency wallet that allowed individual users to store, manage, and transact digital assets while retaining custody of their private keys. The wallet originally targeted the Terra blockchain and expanded to support over 100 Cosmos chains, providing integrated access to decentralized finance (DeFi) protocols, NFT management, decentralized applications (dApps), and staking/validator services.
Product overview
Leap Wallet was a single, unified non-custodial cryptocurrency wallet product that originally launched for the Terra-Luna ecosystem in 2022 and later expanded to support over 100 Cosmos chains. The wallet provided users with access to DeFi protocols, NFTs, and dApps, featuring NFT integration capabilities and in-wallet mini applications. The company announced a full shutdown of its entire software suite, effective May 28, 2026.
Differentiator
Problem solved
Functional benefit
Products and services
- Leap Wallet A non-custodial cryptocurrency wallet originally built for the Terra blockchain that expanded to support over 100 Cosmos chains. Provided access to DeFi protocols, NFTs, and decentralized applications (dApps) with features including NFT integration and in-wallet mini apps. The product was discontinued on May 28, 2026.
Companies that use Leap Wallet
Customer profileSegments2 records
Ideal customer profiles2 records
Leap Wallet technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Leap Wallet partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights3 records
Leap Wallet competitors and assessment
Company assessmentBroad incumbents
- Trust Wallet: Trust Wallet is a major multi-chain non-custodial wallet owned by Binance with broad Cosmos support — a much larger incumbent competing directly with Leap for multi-chain wallet users.
- Exodus Wallet: Exodus is a long-standing multi-chain desktop and mobile non-custodial wallet with Cosmos support — competes for the same self-custody consumer wallet user base as Leap.
- Atomic Wallet: Atomic Wallet is a multi-chain non-custodial wallet with staking and swap features — broadly comparable to Leap's consumer-facing wallet value proposition across Cosmos assets.
- Math Wallet: Math Wallet is a multi-chain non-custodial wallet supporting Cosmos and many other ecosystems — comparable in breadth of chain support and consumer-facing wallet functionality.
- Coin98 Wallet: Coin98 is a multi-chain non-custodial wallet with strong Cosmos and DeFi positioning — a broader incumbent competing for the same DeFi-focused multi-chain user segment as Leap.
Direct peers
- Leapboard (LeapWallet validator service): Leap Wallet operated its own Cosmos Hub validator, competing in the Cosmos validator/staking space alongside other Cosmos-native staking providers like Cosmostation and Figment.
- Keplr Wallet: Keplr is the leading non-custodial wallet for the Cosmos ecosystem, supporting IBC transfers, staking, and dApp interactions across Cosmos chains — Leap Wallet's direct competitor in the same product category and target user base.
- Citadel.one: Citadel.one provides a non-custodial wallet and validator platform for Cosmos ecosystem assets with built-in staking and governance — a direct peer competing for the same Cosmos user base as Leap Wallet.
- Cosmostation Wallet: Cosmostation offers a non-custodial mobile and browser wallet for Cosmos and Terra ecosystems, including staking and validator services — directly comparable to Leap's multi-chain Cosmos wallet offering.
Emerging players
- Frontier Wallet: Frontier is a multi-chain DeFi wallet supporting Cosmos chains, EVM networks, and Solana — overlapping with Leap's DeFi-focused wallet positioning and target audience of active DeFi users.
Market position
Strengths2 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights4 records
Customer concentration
Leap Wallet social profiles
Digital presenceLeap Wallet financial estimates
Financial estimateRevenue estimate
Valuation estimate
Leap Wallet leadership team
Management profileNumber of profiles
Profiles1 record
Leap Wallet funding detail
Funding detailFunding overview
Funding rounds2 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Leap 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 Leap Wallet
What does Leap Wallet do?
Leap Wallet was a non-custodial cryptocurrency wallet that allowed individual users to store, manage, and transact digital assets while retaining custody of their private keys. The wallet originally targeted the Terra blockchain and expanded to support over 100 Cosmos chains, providing integrated access to decentralized finance (DeFi) protocols, NFT management, decentralized applications (dApps), and staking/validator services.
Is Leap Wallet a public or private company?
Leap Wallet is a private company. It is classified as venture growth investor backed and is currently closed.
When was Leap Wallet founded?
Leap Wallet was founded in 2022. It employs 1 to 10 people.
Where is Leap Wallet based?
Leap Wallet is headquartered in Vancouver, Canada, in the North America region.
How does Leap Wallet make money?
One revenue line is on record: wallet Operations (Discontinued).
Who are Leap Wallet's main competitors?
Broad incumbents on record are Trust Wallet, Exodus Wallet, Atomic Wallet, Math Wallet and Coin98 Wallet. Direct peers are Leapboard (LeapWallet validator service), Keplr Wallet, Citadel.one and Cosmostation Wallet. Frontier Wallet is listed as an emerging player.
Does Leap Wallet have an API?
No public API is recorded for Leap Wallet.
What industry is Leap Wallet in?
Leap Wallet's product category is Cryptocurrency Wallets. Its primary akta.pro industry code is FSADACAE, Self-Custody Wallets (Consumer & Institutional), with a secondary code of FSAPACAA, Self-Custody Wallets (EOA, seed phrase, HD wallets). Its SIC code is 6199.