What Ctrl Wallet does

Ctrl Wallet, operated by EMURGO GROUP Pte Ltd (a Singapore-incorporated private limited company), is a non-custodial, multi-chain cryptocurrency wallet founded in 2020 as XDEFI and rebranded in July 2024. The product supports 2,500+ blockchains, 10M+ assets, and NFTs from 30+ chains, distributed as a browser extension (Chrome, Brave, Opera, Edge, Cốc Cốc, Mises) and mobile apps on iOS and Android. Core technology is a Hierarchical Deterministic (HD) wallet operating locally with encrypted credentials; security is augmented by FYEO audit, Blockaid dApp scanning and transaction analysis, Tenderly transaction simulation, and Ledger/Trezor hardware-wallet support. Differentiated features include Gas Abstraction (Ctrl Gas Tank), which allows on-chain fees across all chains to be paid from a single $USDC or $XDEFI balance, social/Google login onboarding without seed phrases, wallet migration from MetaMask/Phantom/Keplr, and a unified portfolio view.

The company operates as a distributed global team of roughly 11–50 employees (approximately 15 named individuals across About, including Co-Founders Emile Dubié (CEO) and David Phan (CTO), COO Kevin Beardsley, and functional leads for Finance, Legal, Design, QA, Front End, Community, and Engineering). Customer base is 600,000+ retail and mid-market crypto users, segmented horizontally into general cryptocurrency users and multichain/DeFi power users, with no named enterprise customers. Marketing is product-led and community-first, executed via Discord, X (Twitter), newsletter, blog content, Chrome Web Store organic discovery, and press coverage on Hackernoon and CCN.

The business model is freemium with no subscription pricing. Ctrl Wallet is free to download and use; standard blockchain mining fees are pass-through costs paid to networks. The primary revenue stream is swap commissions earned when users execute cryptocurrency or fiat swaps through third-party providers integrated in the wallet. A planned 1:1 $XDEFI-to-$CTRL token migration tied to the 2024 rebrand signals intent to layer a token-based economy onto the existing transaction-fee model.

Name

Ctrl Wallet

Legal name

EMURGO GROUP Pte Ltd

Website

https://ctrl.xyz

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Ctrl Wallet is a non-custodial, multi-chain cryptocurrency wallet supporting 2,500+ blockchains and 10M+ assets, serving 600,000+ retail crypto users globally with a freemium product monetized via third-party swap commissions.

Ownership category

akta.pro rank

Product category

Cryptocurrency Wallet

akta.pro primary industry

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

akta.pro secondary industries

Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB), Wallet Connectivity & Session Protocols (WalletConnect, deep links, QR, auth sessions) (FSAPACAF), Digital Wallet Platforms (Consumer & Merchant) (BPAMAFAC)

Keywords

• Non-custodial crypto wallet
• Multi-chain wallet
• Web3 self-custody
• NFT management wallet
• Cross-chain crypto wallet

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Swap Commission: The Swaps functionality enables swaps between supported cryptocurrencies and each other and/or fiat currency. Ctrl may receive a commission for each Swap, whether natively via the mechanisms of the relevant Cryptocurrency, directly from the Swap provider, or otherwise.
2. Blockchain Transaction Fees (Miners' Fees): Each Transfer attracts a standard blockchain transaction fee (also known as a mining fee) for transfers of cryptocurrency between wallets. This is a pass-through cost paid by users to the blockchain network.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Ctrl Wallet is a non-custodial, multi-chain cryptocurrency wallet that supports 2,500+ blockchains, millions of assets, and NFTs from 30+ chains. It is delivered as a browser extension and mobile application, allowing users to manage, swap, and transact digital assets across chains with features such as social login onboarding, unified portfolio view, gas abstraction, hardware wallet support, and built-in dApp security scanning.

Product overview

Ctrl Wallet is a non-custodial multichain cryptocurrency wallet (formerly XDEFI Wallet) that rebranded in July 2024. The product portfolio consists of the core Ctrl Wallet platform with the Ctrl Wallet Extension (browser extension for desktop), iOS app, and Android app as delivery channels. Key features include unified portfolio management across 2,500+ blockchains, gas abstraction via Ctrl Gas Tank, NFT gallery supporting 30+ chains, social login authentication, hardware wallet support (Ledger/Trezor), and integrated security features powered by Blockaid/Tenderly for dApp scanning and transaction simulation. The product is available on Chrome Web Store and mobile app stores.

Differentiator

Problem solved

Functional benefit

Products and services

• Ctrl Wallet (Browser Extension) Non-custodial, multi-chain cryptocurrency wallet delivered as a browser extension for desktop users on Chrome, Brave, Opera, Edge, and Cốc Cốc browsers. Supports 2,500+ blockchains, millions of assets, and NFTs from 30+ chains, with dApp scanning via Blockaid, transaction simulation via Tenderly, and full Ledger/Trezor hardware wallet support.
• Ctrl Wallet iOS App Mobile application for iOS devices enabling users to manage crypto assets, NFTs, and connect to dApps across 2,500+ blockchains on the go.
• Ctrl Wallet Android App Mobile application for Android devices enabling users to manage crypto assets, NFTs, and connect to dApps across 2,500+ blockchains on the go.

Quantifiable outcome

• Supports 2,500+ blockchains — more than any other wallet
• +5 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature13 records

Partnerships

Five partnerships are on record, tiered core.

• FYEOcoreTechnology or IntegrationFYEO conducted an independent security audit of Ctrl Wallet. The company states that Ctrl has been operating without incident for four years (formerly XDEFI). FYEO audit is a key component of Ctrl's security credibility.
• BlockaidcoreTechnology or IntegrationBlockaid powers Ctrl's dApp scanning and transaction analysis features. It scans every dApp before connecting and provides easy-to-understand analysis and warnings about transaction risks, protecting users from malicious dApps.
• TenderlycoreTechnology or IntegrationTenderly powers Ctrl's transaction simulation feature, allowing users to understand exactly what their dApp transaction will do before signing, ensuring assets will not be lost unexpectedly.
• LedgercoreTechnology or IntegrationLedger hardware wallet integration provides full support for all Ctrl-supported chains. Ledger users can add an extra layer of security by connecting their hardware wallet to Ctrl.
• TrezorcoreTechnology or IntegrationTrezor hardware wallet integration provides full support for all Ctrl-supported chains. Trezor users can add an extra layer of security by connecting their hardware wallet to Ctrl.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• MetaMask (ConsenSys): MetaMask is the dominant self-custody EVM/browser-extension wallet and Ctrl's primary competitor. Both target retail crypto users with seed-phrase (or social-login) onboarding, dApp connectivity, and swap functionality; MetaMask sets the bar Ctrl benchmarks against on chain coverage and user base.
• Keplr: Keplr is a non-custodial multi-chain wallet focused on Cosmos/IBC ecosystems, also cited by Ctrl as a migratable source wallet. Comparable on cross-chain account abstraction and IBC-style interoperability targets.
• Trust Wallet: Trust Wallet (Binance-owned) is a multi-chain self-custody mobile/extension wallet supporting millions of assets across dozens of chains. It overlaps with Ctrl on chain breadth, NFT support, dApp browser and in-app swap monetization.
• Phantom: Phantom is a leading non-custodial multi-chain wallet (originally Solana, now expanded to Ethereum, Polygon and Bitcoin). Like Ctrl, Phantom offers browser extension + mobile, NFT gallery, swap, and hardware-wallet integration — a directly comparable consumer wallet experience.
• Rabby: Rabby (DeBank) is a self-custody multi-chain extension wallet emphasizing transaction simulation, security pre-checks and DeFi power users — a very direct functional overlap with Ctrl's Blockaid/Tenderly-powered security stack.
• Rainbow: Rainbow is a non-custodial Ethereum-focused wallet with strong mobile UX, NFT gallery and swap. It competes with Ctrl for the same retail multi-chain and DeFi power-user segment, especially on design-led consumer experience.
• Exodus Wallet: Exodus is a long-standing multi-chain self-custodial desktop/mobile wallet with built-in swap and portfolio. It competes with Ctrl across the retail multi-chain wallet category, though with a more desktop-first UX.

Emerging players

• Safe (formerly Gnosis Safe): Safe is a smart-contract multi-sig/account-abstraction wallet targeting teams and treasuries. While positioned at the institutional/team segment, its account-abstraction stack increasingly overlaps with Ctrl's gas-abstraction and social-login UX roadmap.

Broad incumbents

• Coinbase Wallet: Coinbase Wallet is a self-custody multi-chain wallet operated by a major US-regulated exchange. It competes across the same retail use cases but benefits from broader Coinbase distribution, fiat on-ramps and brand trust.
• OKX Wallet: OKX Web3 Wallet is a multi-chain self-custody wallet from the OKX exchange supporting dozens of chains, DEX aggregation, and NFT marketplace. A broad incumbent with overlapping multi-chain wallet capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Ctrl_Wallet

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds3 records

Investors11 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 Ctrl Wallet