THORWallet DEX
- Company typePrivate
- Founded2021
- HeadquartersSchwyz, Switzerland
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
THORWallet DEX firmographics
Firmographics- Name
- THORWallet DEX
- Legal name
- EMM Ventures AG
- Website
- https://thorwallet.org
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
THORWallet DEX industry classification
Industry- Product category
- Cryptocurrency Wallet
- NAICS
- Securities and Commodity Exchanges (523210), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Credit Card Issuing (52221)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Cross-Chain DEXs & Bridge-Integrated Trading (FSADABAD)
- akta.pro secondary industries
- DEX Aggregators & Smart Order Routing (FSADABAC), On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)
Keywords
Where THORWallet DEX is headquartered
LocationHeadquarters
- HQ city
- Schwyz
- HQ country
- Switzerland
- HQ region
- Europe
Offices1 record
Markets served
THORWallet DEX business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Swap / Trading Fees: Transaction fees on cross-chain swaps ranging from 0.2% to 1.25% depending on $TITN staking tier. Volume discounts apply on top of tier rates. Swaps under $100 are free. Stakers earn up to ~70% of fees back in USDC as rebates.
- Card Fees: Revenue from crypto card services: FX markups (1.5% Basic, 1% Swiss Banking), card top-up fees (0% Basic, 0.25–1% Swiss Banking), ATM withdrawal fees ($1 domestic / $5 international on Basic), and referral fees from Fiat24 card issuance.
- Referral / Revenue Share from Third-Party DeFi Protocols: THORWallet earns revenue share and referral remuneration from third-party services including swap aggregators, lending protocols (AAVE via Compass Labs), staking providers (Kiln, Rujira), and yield services when users engage with these integrated protocols.
- $TITN Token Utility: Token staking drives fee discounts and USDC rebates, increasing platform stickiness and transaction volume. TITN is a utility token; its value may fluctuate.
- Fiat On/Off-Ramp Referral Fees: Referral fees from MoonPay and Mt Pelerin fiat on/off-ramp services integrated within the app.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard swap tier — 0 $TITN staked, 1.25% swap fee, no USDC rebate, no perks |
| Transaction based/ take rate | Pay-as-you-go | Community swap tier — 10,000 $TITN staked, 0.5% swap fee, up to ~70% USDC rebate, community perks |
| Transaction based/ take rate | Pay-as-you-go | Community Plus swap tier — 100,000 $TITN staked, 0.2% swap fee, priority perks |
| Subscription | Annual | Basic Card — free virtual card with 0% top-up fees, 1.5% FX markup, $1/$5 ATM fees, $125k monthly limit |
| Subscription | Annual | Premium Card — $75/year, virtual + physical card, up to 2% cashback, 0.5% FX markup, priority support |
| Subscription | Annual | Swiss Banking — Swiss IBAN & SEPA, multicurrency card (CHF/EUR/USD/RMB), up to $10M monthly limit, 1% FX markup |
| Usage-based | Pay-as-you-go | 8.3% APY stablecoin yield, no lockups, withdraw anytime |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
THORWallet DEX product offering
Product offeringCore offering
THORWallet DEX is a non-custodial, multi-chain DeFi wallet mobile and web application that enables users to swap native crypto assets across 20,000+ tokens and multiple blockchains without bridges or wrapped tokens, powered by THORChain, NEAR Intents, and integrated aggregators. Beyond swaps, the wallet offers yield earning on stablecoins and crypto, multisig vaults via Vultisig, tokenized US equities trading, a global Mastercard debit card, and Swiss IBAN banking — all within a single self-custody app.
Product overview
THORWallet DEX is a self-custody, multi-chain DeFi superapp offering a unified platform for cross-chain swaps, yield generation, and crypto spending. The core product is the non-custodial mobile wallet supporting 20,000+ tokens across Bitcoin, Ethereum, Solana, and other major chains. Key modules include: Cross-Chain Swaps (powered by THORChain and NEAR Intents with native settlement without bridges), Multisig Vaults (Hot and Cold configurations via Vultisig for enhanced security), Earn/Yield products (liquidity pooling and stablecoin yield via AAVE integrations), Limit Orders for automated trading, Tokenized Stocks for 24/7 US equity trading, and the THORWallet Card with Swiss IBAN for global spending. The $TITN utility token unlocks fee discounts and USDC rebates. Fiat on/off-ramp is enabled through MoonPay and Mt Pelerin integrations.
Differentiator
Problem solved
Functional benefit
Products and services
- THORWallet Mobile and Web Wallet Non-custodial multi-chain DeFi wallet mobile (iOS/Android) and web application enabling users to swap native crypto assets across blockchains without bridges, earn yield, use multisig vaults, trade tokenized US equities, and access a global Mastercard debit card and Swiss IBAN — all while retaining full self-custody of private keys. Target users are individual retail crypto traders and DeFi users globally.
- THORWallet Mastercard Debit Card Global Mastercard debit card product enabling crypto holders to spend digital assets at any merchant accepting Mastercard in 175+ countries including the US. Available in Basic (free virtual, USD, 1.5% FX markup) and Premium ($75/year, virtual + physical, up to 2% cashback, 0.5% FX markup) tiers. Issued via partnership with Unblock and Fiat24.
- Swiss IBAN Banking Account (Swiss Banking Tier) Swiss-based personal banking account providing a Swiss IBAN and SEPA account integrated within the THORWallet app, supporting CHF, EUR, USD, and RMB multicurrency accounts with monthly limits up to $10M. Operated under EMM Ventures AG in Zug, Switzerland, enabling users to send and receive funds like a traditional bank account alongside their self-custody crypto wallet.
Quantifiable outcome
- $2.5B+ cross-chain swap volume processed since 2021
- +6 more outcomes
Companies that use THORWallet DEX
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
THORWallet DEX technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration17 records
Feature9 records
THORWallet DEX partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered flagship, core and supporting.
- UnblockflagshipSwiss-regulated payment infrastructure provider. Partnership enables global issuance of non-custodial Mastercard cards across 175+ countries. This is Unblock's first non-custodial wallet partnership. Allows THORWallet users to spend digital assets and access stablecoin rails through virtual and physical Mastercard products while maintaining self-custody. Positions both companies in the emerging Web3 neobank and stablecoin payment market.
- Fiat24coreThird-party card issuing partner for THORWallet VISA/Mastercard service. Provides card issuance, card management, and customer support for the card product. THORWallet may earn referral fees from Fiat24 based on volume generated by card users.
- VultisigcoreCreator of the Vaults multi-signature wallet technology integrated into THORWallet. Provides Hot Vaults and Cold Vaults requiring multiple signatures to authorize transactions, working with any chain and token including Bitcoin to THORChain.
- MoonPaycoreFiat on-ramp integration enabling users to purchase cryptocurrencies with various fiat currencies directly within the THORWallet mobile app. Availability varies by region.
- Mt PelerincoreFiat on-ramp and off-ramp integration enabling users to buy and sell cryptocurrencies with multiple fiat currencies within the THORWallet app. Available in numerous countries except residents of certain restricted regions.
- THORChaincoreLayer 1 blockchain protocol providing core cross-chain swap infrastructure. Powers native cross-chain swaps in THORWallet — real BTC for real SOL with no bridges or wrapped tokens. Key ecosystem for THORWallet's DeFi services.
- NEAR IntentscoreGas-optimized cross-chain swap infrastructure. Integration enables trustless cross-chain swaps across multiple networks, expanding liquidity and chain coverage. Powers Stellar and TRON cross-chain swaps alongside THORChain.
- Maya ProtocolsupportingCross-chain protocol integrated for additional swap routing options, complementing THORChain and expanding available liquidity routes.
- ChainflipsupportingDecentralized exchange protocol providing swap routing functionality within the THORWallet App for cross-chain swaps.
- 1inchsupportingDEX aggregator integrated for swap routing, providing aggregated liquidity and best-rate routing across multiple sources.
- UnizensupportingDEX aggregator integrated for swap routing and liquidity aggregation within the THORWallet App.
- JupitersupportingSwap provider integrated for routing DEX transactions within the THORWallet App.
- SkipsupportingSwap provider integrated for routing DEX transactions within the THORWallet App.
- AAVE (via Compass Labs)supportingThird-party lending protocol enabling Earn/yield services. Users can supply supported digital assets to AAVE markets. Compass Labs provides the technical integration infrastructure for routing, constructing, simulating, broadcasting, and monitoring lending transactions.
- KilnsupportingStaking infrastructure provider integrated for yield services, enabling users to stake crypto assets through THORWallet and earn rewards.
- Rujira StakingsupportingStaking protocol integrated for yield services, enabling users to participate in staking through THORWallet.
- dYdXsupportingPerpetuals trading protocol integrated for derivatives trading within THORWallet, enabling perpetual contract trading powered by dYdX.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
THORWallet DEX competitors and assessment
Company assessmentDirect peers
- 1inch Wallet: DEX aggregator that also offers a non-custodial wallet. THORWallet integrates 1inch for routing; as a wallet competitor, 1inch targets the same best-rate cross-chain swap use case with deep aggregator liquidity.
- MetaMask: Consensys-built non-custodial multi-chain wallet and the dominant EVM DeFi wallet. Competes head-on with THORWallet on swap routing, token support, and mobile UX; MetaMask's Portfolio and bridge aggregator overlaps THORWallet's swap stack.
- Trust Wallet: Binance-owned non-custodial multi-chain mobile wallet supporting 10M+ assets across 100+ chains. Directly comparable on self-custody multi-chain swaps, in-app staking/yield, and mobile-first DeFi user base.
- Phantom Wallet: Multi-chain self-custody wallet (originally Solana) now expanding to Ethereum, Base, Polygon and others. Competes on consumer-grade mobile DeFi UX, swap aggregation, and staking — directly overlapping THORWallet's product surface.
- Exodus Wallet: Multi-chain self-custody wallet with desktop and mobile apps, in-app swaps, staking, and an integrated fiat on-ramp. Targets retail crypto users with a polished UX similar to THORWallet's mobile-first positioning.
- Zerion Wallet: Non-custodial DeFi wallet for EVM chains with built-in swap aggregation and portfolio tracking. Competes for the same power-user segment (Degens, Whales) that THORWallet targets with multisig and best-rate routing.
- OKX Wallet: Self-custody multi-chain wallet from a major exchange, supporting native cross-chain swaps, DeFi, and a broad token universe. Directly comparable to THORWallet's superapp positioning with greater distribution from the OKX exchange base.
- Uniswap Wallet: Self-custody wallet by the Uniswap team offering swaps across multiple chains with Uniswap routing. Competes on best-rate swap execution and self-custody for DeFi-native users; relevant peer for the swap-aggregator wallet category.
- SafePal Wallet: Non-custodial crypto wallet (app + hardware) supporting 100+ chains, in-app swap, staking, and a Binance-linked card. Closely comparable feature set: multi-chain swaps, yield, card, and security options.
Broad incumbents
- Crypto.com DeFi Wallet: Non-custodial DeFi wallet from a large crypto exchange, paired with the Crypto.com Visa card. Overlaps THORWallet's card + wallet superapp model but at vastly larger scale and brand recognition.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
THORWallet DEX social profiles
Digital presenceTHORWallet DEX financial estimates
Financial estimateRevenue estimate
Valuation estimate
THORWallet DEX leadership team
Management profileNumber of profiles
Profiles1 record
THORWallet DEX funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
THORWallet DEX 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 THORWallet DEX
What does THORWallet DEX do?
THORWallet DEX is a non-custodial, multi-chain DeFi wallet mobile and web application that enables users to swap native crypto assets across 20,000+ tokens and multiple blockchains without bridges or wrapped tokens, powered by THORChain, NEAR Intents, and integrated aggregators. Beyond swaps, the wallet offers yield earning on stablecoins and crypto, multisig vaults via Vultisig, tokenized US equities trading, a global Mastercard debit card, and Swiss IBAN banking — all within a single self-custody app.
Is THORWallet DEX a public or private company?
THORWallet DEX is a private company. It is classified as venture growth investor backed and is currently operating.
When was THORWallet DEX founded?
THORWallet DEX was founded in 2021. It employs 1 to 10 people.
Where is THORWallet DEX based?
THORWallet DEX is headquartered in Schwyz, Switzerland, in the Europe region.
How does THORWallet DEX make money?
Five revenue lines are on record. Swap / Trading Fees are the primary driver. The others are card Fees, referral / Revenue Share from Third-Party DeFi Protocols, $TITN Token Utility and fiat On/Off-Ramp Referral Fees.
Who are THORWallet DEX's main competitors?
Direct peers on record are 1inch Wallet, MetaMask, Trust Wallet, Phantom Wallet, Exodus Wallet, Zerion Wallet, OKX Wallet, Uniswap Wallet and SafePal Wallet. Crypto.com DeFi Wallet is listed as a broad incumbent.
Does THORWallet DEX have an API?
No public API is recorded for THORWallet DEX.
What industry is THORWallet DEX in?
THORWallet DEX's product category is Cryptocurrency Wallet. Its primary akta.pro industry code is FSADABAD, Cross-Chain DEXs & Bridge-Integrated Trading, with a secondary code of FSADABAC, DEX Aggregators & Smart Order Routing. Its NAICS code is 523210 and its SIC code is 6200.