Steaker

What Steaker does

Steaker is a Taipei, Taiwan-based digital asset management platform founded in 2019 that allocated user cryptocurrency deposits across DeFi, CeFi, and Staking projects using a proprietary risk-diversification methodology designed to pursue stable returns for retail investors in the Taiwan market. The platform operated as a self-serve, direct-to-consumer product requiring KYC verification, with funds held in personal EOA (externally owned account) wallets compatible with ERC-20 tokens and supported centralized-exchange integrations including MaiCoin and Binance. Supporting infrastructure included a SAFU (User Asset Security Fund) and an ENTRYONLY sub-account segregation system intended to protect user deposits during systemic risk events.

The company's operating model was materially disrupted by the November 2022 bankruptcy of FTX, where a portion of Steaker's assets became trapped in the FTX bankruptcy estate. In April 2023 Steaker indefinitely suspended its primary platform operations, halting new subscriptions and user onboarding while preserving withdrawal functionality for unaffected users. The company concurrently launched the Dawn Project (拂曉計畫), a three-phase structured compensation plan — Phase 1 returns 10% of original tokens, Phase 2 distributes USDC equivalent to 40% of original amounts in 30,000 USDC quarterly tranches, and Phase 3 depends on FTX asset recovery — that has achieved an 85-87%+ settlement rate among affected users.

Steaker Inc., the operating entity, is privately held with no disclosed external institutional funding and remains led by founder and CEO Wilson Huang. In April 2025, Taiwan prosecutors indicted Steaker Inc. and its management team for alleged violations of banking law and anti-money laundering regulations; the company has publicly disputed the characterization, asserting that virtual assets are not legal tender and that no fraud, embezzlement, or breach of trust charges were filed. FTX has also delayed asset distributions to Steaker citing the ongoing Taiwan judicial investigation. The company is currently in an operational wind-down/recovery posture focused on compensation distribution and asset recovery rather than active revenue generation.

Name

Steaker

Legal name

Steaker Inc.

Website

https://steaker.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Steaker is a Taiwan-based digital asset management platform founded in 2019 that allocated user crypto investments across DeFi, CeFi, and Staking projects; platform operations have been suspended since April 2023 following FTX exposure, with the company now focused on a multi-phase user compensation program while facing criminal prosecution.

Ownership category

akta.pro rank

Product category

Digital Asset Management

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Treasury Management & Corporate Crypto Yield Programs (FSADAHAL)

akta.pro secondary industry

Tokenized Collateral & On-Chain Credit Infrastructure (Collateral Mgmt, Liquidations) (FSAGAMAK)

Keywords

• Digital asset management
• Cryptocurrency investment
• DeFi staking services
• Risk diversified portfolios
• Crypto asset allocation

Headquarters

HQ city

Taipei

HQ country

Taiwan

HQ region

Asia

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Digital Asset Management Services: Steaker provides cryptocurrency investment management services, allocating user assets across DeFi, CeFi, and Staking projects to generate returns. The platform operates with various investment products with different risk levels. Since 2023, the platform has suspended new business operations and is focused on compensating affected users through the Dawn Project.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Steaker operated a digital asset management platform that allocated user-deposited cryptocurrencies across DeFi, CeFi, and Staking projects using professional risk diversification mechanisms. Following the FTX collapse in November 2022, the original platform business was indefinitely suspended on April 28, 2023, and the company now focuses on its three-phase Steaker Dawn (拂曉計畫) compensation program for affected users, distributing USDC and recovered assets back to participants.

Product overview

Steaker is a digital asset management platform founded in 2019 that offers a unified product suite for cryptocurrency investment services. The core Steaker Platform enables users to access DeFi, CeFi, and Staking investment opportunities with risk diversification. Supporting this, the Steaker Dawn (拂曉計畫) program provides systematic compensation for users affected by the FTX collapse through a three-phase plan. The platform also includes the SAFU User Asset Security Fund as a protective measure and uses the ENTRYONLY sub-account system for deposit management. As of 2023, the original platform operations have been indefinitely suspended, with the company focusing on compensation distribution and user fund returns.

Differentiator

Problem solved

Functional benefit

Products and services

• Steaker Platform Digital asset management platform that allocates user funds across DeFi, CeFi, and Staking projects using a professional risk diversification mechanism to pursue stable returns. Targeted at cryptocurrency investors in Taiwan and required KYC verification and personal EOA wallet addresses for deposits/withdrawals. Operations are currently suspended.
• Steaker Dawn Project (拂曉計畫) Three-phase compensation project for users affected by the FTX collapse: Phase 1 returns 10% of original tokens; Phase 2 distributes USDC equivalent to 40% of original amount in quarterly installments; Phase 3 compensates up to 100% based on actual FTX asset recovery. Settlement ratio has exceeded 87% of affected users.

Quantifiable outcome

• Over 86% of affected users have participated in and received compensation through the Dawn Project
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature1 record

Partnerships

One partnership is on record.

• FTX (Bankrupt Estate)coreOthersSteaker had funds deposited on FTX exchange which became inaccessible after FTX's bankruptcy in November 2022. Steaker is actively working with FTX bankruptcy creditor management team and US legal counsel to recover assets. FTX has delayed asset return citing Taiwan judicial investigation concerns. Steaker has submitted all required documentation and is seeking clarification to facilitate asset recovery.

Scale indicators5 records

Recent moves6 records

Market position

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

• Xx.com/steakerdotcom

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 Steaker