Coin98
Coin98 builds a non-custodial multi-chain Web3 wallet serving individual crypto traders and DeFi users globally. Its Super Wallet supports 150+ blockchains with integrated trading, crypto debit cards, and AI-powered security, monetizing through futures trading fees and Wallet Health subscriptions.
- Company typePrivate
- Founded2017
- HeadquartersHo Chi Minh City, Vietnam
- Headcount51–100
- GTM typeB2C
- OfferingSoftware
What Coin98 does
Coin98 is a Vietnam-headquartered, Singapore-domiciled cryptocurrency software company that builds non-custodial multi-chain Web3 wallets serving individual crypto traders, investors, and DeFi users globally. Its flagship product, the Coin98 Super Wallet, supports 150+ blockchain networks (EVMs, non-EVMs, Layer 1s, Layer 2s) and 20K+ compatible dApps across iOS, Android, Chrome extension, web, and Telegram, claiming 10M+ users across 170+ countries and 34M+ wallet addresses with cumulative trading volume above $1B.
The platform architecture layers trading (SwapX DEX aggregator, perpetual futures via Hyperliquid with up to 40x leverage), payments (Fusion Card Visa debit, Zen Card NFC), and security (Wallet Health with Cypheus AI assistant) on top of the core wallet. AI capabilities are focused on anomaly detection, process automation, and knowledge retrieval for wallet risk scoring and Web3 assistance. The product suite is built around zero-friction onboarding (email, social, or one-click wallet creation) and a Universal Referral program offering up to 50% commission across futures, swaps, and card products.
Coin98 monetizes through three primary streams: (1) 0.04% maker/taker futures trading fees via Hyperliquid, (2) tiered Wallet Health subscriptions at $9.99/month (Pro) and $29.99/month (Ultra), and (3) the C98 token ecosystem. The company raised approximately $16.5M across 2021–2022 from crypto-native investors including Hashed, Multicoin Capital, The Spartan Group, Alameda Research, ParaFi, and Kyber Network, and completed two acquisitions in 2022 (Yunero Studios, CyBall) to expand into Web3 gaming. Go-to-market is product-led and community-led through self-serve distribution and active social communities on Twitter, Discord, and Telegram, with no disclosed enterprise or institutional customer concentration.
Coin98 firmographics
Firmographics- Name
- Coin98
- Legal name
- Coin98 Wallet LTD
- Website
- https://coin98.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Coin98 builds a non-custodial multi-chain Web3 wallet serving individual crypto traders and DeFi users globally. Its Super Wallet supports 150+ blockchains with integrated trading, crypto debit cards, and AI-powered security, monetizing through futures trading fees and Wallet Health subscriptions.
- Ownership category
- akta.pro rank
Coin98 industry classification
Industry- Product category
- Crypto Wallet & Web3 Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB)
- akta.pro secondary industries
- On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD), Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ)
Keywords
Where Coin98 is headquartered
LocationHeadquarters
- HQ city
- Ho Chi Minh City
- HQ country
- Vietnam
- HQ region
- Asia
Offices1 record
Markets served
Coin98 business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Futures Trading Fees: Coin98 charges 0.04% maker/taker fees on perpetual futures trades executed through the Hyperliquid integration. This is a per-transaction fee model where both liquidity providers and takers pay equal fees.
- Wallet Health Subscription: Tiered subscription model for Wallet Health features: Free tier (basic scanning), Pro tier at $9.99/month (connections, favorite dApps/tokens, approvals, SOL fee recovery), and Ultra tier at $29.99/month (cloud backup, auto-scan).
- C98 Token Ecosystem: C98 token powers the platform ecosystem including holder airdrops and creator hub incentives. The token likely serves multiple utility functions within the Coin98 ecosystem.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Futures Trading - 0.04% maker/taker fee |
| Freemium | Monthly | Wallet Health Free - $0/month |
| Subscription | Monthly | Wallet Health Pro - $9.99/month |
| Subscription | Monthly | Wallet Health Ultra - $29.99/month |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
Coin98 product offering
Product offeringCore offering
Coin98 operates Coin98 Super Wallet, a non-custodial multi-chain Web3 wallet supporting 150+ blockchain networks (EVMs, Non-EVMs, Layer 1s, and Layer 2s) that enables crypto storage, spot and perpetual futures trading, token swapping via the SwapX DEX aggregator, and access to 20K+ dApps. The platform layers AI-powered security (Cypheus assistant, Wallet Health), a tiered subscription for advanced protection, and crypto debit cards (Fusion Card, Zen Card) for real-world spending.
Product overview
Coin98 offers a unified platform centered around the Coin98 Super Wallet, which serves as the primary gateway to Web3 with AI-powered security features. The platform architecture includes core wallet products (Coin98 Super Wallet, AI Wallet with Cypheus, Telegram Wallet), card products (Fusion Card for Visa payments, Zen Card for NFC Web3 sharing), trading features (SwapX DEX aggregator, Futures via Hyperliquid), security tools (Wallet Health), and developer tools (Ramper SDKs). The ecosystem is unified through the Universal Referral program and supports 150+ blockchain networks across 34M+ wallet addresses in 170+ countries with over $1B trading volume.
Differentiator
Problem solved
Functional benefit
Brands
- Coin98 Super Wallet: Main mobile and browser extension wallet product supporting 140+ blockchains and 20K+ dApps
- Coin98 AI Wallet
- SwapX
- Coin98 Fusion Card
- Zen Card
- Ramper SDKs
- Universal Referral
- Cypheus
Products and services
- Coin98 Super Wallet A non-custodial decentralized wallet serving as the main gateway to Web3, supporting 150+ blockchain networks and enabling crypto trading, swapping, futures, earning, and dApp exploration with AI-powered security protection for individual crypto users.
- Coin98 AI Wallet (Cypheus) AI-powered wallet featuring Cypheus, a Web3 AI companion providing personalized assistance, real-time insights, proactive protection, and smart automation for secure navigation of Web3 ecosystems.
- Coin98 Telegram Wallet Wallet accessible directly within Telegram, allowing users to create wallets with one click and manage crypto assets through the messaging platform.
- Coin98 Fusion Card A global crypto debit card powered by Visa, enabling seamless crypto payments online and offline at over 150 million merchants worldwide, bridging Web3 identity with real-world spending for individual crypto users.
- Zen Card Next-generation NFC crypto card that lets users securely share their Web3 profile and manage assets with a single tap for instant Web3 identity sharing and connections.
- SwapX DEX aggregator integrated within Coin98 wallet enabling token swapping across multiple blockchain networks for individual crypto traders.
- Futures Trading Perpetual futures trading platform powered by Hyperliquid, offering up to 40x leverage on 100+ markets with full on-chain transparency and zero hidden fees, charging 0.04% maker/taker fees.
- Wallet Health AI-powered security dashboard providing wallet health scores, hidden risk detection, 24/7 protection monitoring, and approval management with tiered subscription plans (Free, Pro at $9.99/month, Ultra at $29.99/month).
- Universal Referral Referral program enabling users to generate Universal Links earning up to 50% commission from Futures, SwapX, and Fusion Card, with tiered Silver/Gold/Platinum levels based on XP requirements.
- Ramper SDKs SDK toolkit enabling developers to integrate crypto on-ramp functionality into their applications.
Quantifiable outcome
- Zero-fee onboarding with email, social, or one-click wallet creation
- +2 more outcomes
Companies that use Coin98
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Coin98 technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability4 records
Feature6 records
Coin98 partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- DeCardcoreDeCard, a Singapore-based card provider, partnered with Coin98 to launch the Coin98 Fusion Card for digital assets in the Asia Pacific region. The card enables seamless crypto spending at over 150 million merchants globally, addressing the gap between crypto adoption and real-world utility in Southeast Asia.
- CyBallcoreCoin98 Labs announced the acquisition of CyBall, a Web3 gaming project, as part of its efforts to expand into blockchain gaming and support mainstream adoption of Web3. The acquisition injected funding to further develop CyBall and integrate it into Yunero Studios' portfolio, with the core team remaining intact.
- Yunero StudioscoreCoin98 Labs acquired Yunero Studios, a Vietnamese game studio, to accelerate Web3 mass adoption through GameFi. Yunero was developing a play-to-earn NFT game called Rongos as part of its Web3 gaming efforts.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Coin98 competitors and assessment
Company assessmentBroad incumbents
- Crypto.com DeFi Wallet: Crypto.com's DeFi Wallet is a non-custodial multi-chain companion to the broader Crypto.com exchange and card ecosystem — overlapping with Coin98's wallet + crypto-Visa-card positioning and serving a similar global retail user base.
- Bybit Wallet (Web3): Bybit's Web3 wallet is a non-custodial multi-chain wallet integrated into a major centralized exchange, offering swap, staking, and on-ramp — overlapping with Coin98's wallet + SwapX + fiat-on-ramp proposition while leveraging Bybit's exchange-side liquidity.
Direct peers
- OKX Wallet: OKX Wallet is a non-custodial multi-chain wallet from the OKX exchange, supporting 100+ networks with built-in DEX, perp futures, and on-ramp — directly comparable to Coin98's combination of wallet + SwapX + Hyperliquid-powered futures.
- MetaMask: MetaMask is the dominant non-custodial multi-chain Web3 wallet (browser extension + mobile) supporting EVMs and an expanding set of L1/L2 networks, with integrated swap and staking — the closest analog to Coin98's Super Wallet in terms of core functionality, distribution, and target user base of self-custody crypto holders.
- Trust Wallet: Trust Wallet (owned by Binance) is a multi-chain non-custodial mobile wallet covering 10M+ assets across 100+ blockchains with integrated DEX access — directly comparable to Coin98's mobile-first, multi-chain wallet proposition, though with deeper exchange-side liquidity integration.
- Safe (formerly Gnosis Safe): Safe is the leading smart-contract-based multi-sig wallet infrastructure for individuals, DAOs, and teams; it is comparable to Coin98 as a non-custodial smart-contract wallet, though Safe specializes in shared/self-custody accounts and Account Abstraction rather than consumer spot/futures trading.
- Phantom Wallet: Phantom is a non-custodial wallet that originated on Solana and expanded into a multi-chain browser/mobile wallet with swap and staking; comparable to Coin98 in target persona (self-custody crypto users), mobile-first UX, and multi-chain roadmap.
- Rainbow Wallet: Rainbow is a mobile-first Ethereum (multi-chain via expansion) wallet known for polished UX and an OpenSea-integrated NFT experience — comparable to Coin98 on the consumer wallet and NFT/asset management UX axis, though narrower in supported networks.
- Exodus Wallet: Exodus is a multi-chain self-custody desktop/mobile wallet supporting 100+ assets with integrated swap and staking — comparable to Coin98's multi-chain wallet and SwapX trading experience, with a similar emphasis on consumer-grade UX.
- Zerion: Zerion is a non-custodial multi-chain wallet with built-in DEX aggregation and portfolio tracking — directly comparable to Coin98's wallet + SwapX aggregator combination, serving the same DeFi-active retail user base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Coin98 social profiles
Digital presenceCoin98 compliance and trust
Trust signalCompliance9 records
Coin98 financial estimates
Financial estimateRevenue estimate
Valuation estimate
Coin98 leadership team
Management profileNumber of profiles
Profiles2 records
Coin98 subsidiaries and ownership
Company hierarchySubsidiaries2 records
Coin98 funding detail
Funding detailFunding overview
Funding rounds5 records
Investors46 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Coin98 M&A and investment
M&A and investmentM&A2 records
Investments18 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Coin98
What does Coin98 do?
Coin98 operates Coin98 Super Wallet, a non-custodial multi-chain Web3 wallet supporting 150+ blockchain networks (EVMs, Non-EVMs, Layer 1s, and Layer 2s) that enables crypto storage, spot and perpetual futures trading, token swapping via the SwapX DEX aggregator, and access to 20K+ dApps. The platform layers AI-powered security (Cypheus assistant, Wallet Health), a tiered subscription for advanced protection, and crypto debit cards (Fusion Card, Zen Card) for real-world spending.
Is Coin98 a public or private company?
Coin98 is a private company. It is classified as venture growth investor backed and is currently operating.
When was Coin98 founded?
Coin98 was founded in 2017. It employs 51 to 100 people.
Where is Coin98 based?
Coin98 is headquartered in Ho Chi Minh City, Vietnam, in the Asia region.
How does Coin98 make money?
Three revenue lines are on record. Futures Trading Fees are the primary driver. The others are wallet Health Subscription and C98 Token Ecosystem.
Who are Coin98's main competitors?
Broad incumbents on record are Crypto.com DeFi Wallet and Bybit Wallet (Web3). Direct peers are OKX Wallet, MetaMask, Trust Wallet, Safe (formerly Gnosis Safe), Phantom Wallet, Rainbow Wallet, Exodus Wallet and Zerion.
Does Coin98 have an API?
No public API is recorded for Coin98.
What industry is Coin98 in?
Coin98's product category is Crypto Wallet & Web3 Infrastructure. Its primary akta.pro industry code is FSAPACAB, Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters), with a secondary code of FSAGAMAD, On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury). Its NAICS code is 522320 and its SIC code is 6200.