Solx
SOLX is a non-custodial Solana cryptocurrency wallet embedded inside Telegram, enabling users to store, send, receive, and swap SOL and SPL tokens within chats. It serves individual crypto users globally via mobile app stores and monetizes through in-app token and dApp advertising.
- Company typePrivate
- Founded2025
- HeadquartersWaltham, United States
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Solx does
SOLX is a non-custodial cryptocurrency wallet integrated into the Telegram messaging platform and built on the Solana blockchain. Founded in 2025 and operating as a private company with no public listing, SOLX delivers its service as three integrated product components: SOLX Wallet for storing and managing SOL and SPL tokens, SOLX Messages for executing crypto transactions directly inside Telegram chats using a slide-to-send gesture that eliminates the need to copy long wallet addresses, and SOLX Ads Manager — an advertising platform that lets token and dApp projects launch paid campaigns reaching 900M+ Telegram users via integration with the AdsGram ad network and native in-feed ad placements.
The business model is primarily advertising-driven: token and dApp projects pay to run campaigns through Ads Manager, with potential secondary revenue from fee-sharing on token swaps executed through integrated third-party protocols. SOLX does not custody user funds, does not facilitate trades directly, and does not offer a public API; users retain control of private keys and rely on Telegram's underlying messaging infrastructure (with which SOLX is independent and unaffiliated). The product is distributed globally via a product-led growth motion through the iOS App Store, Google Play, and direct APK download, targeting individual crypto-curious and active crypto users who already use Telegram as their primary messaging application.
Operationally, the company is small (no headcount disclosed beyond an 11-50 employee range in firmographics, which is unresolved given the date and product), restricts service in the US, UK, Canada, China, and several sanctioned jurisdictions, and provides Terms of Use governed by English law. No funding, investor, or revenue figures are disclosed for the crypto wallet SOLX entity, representing a material data gap. Note: the input data also contains a conflicting firmographics and funding-rounds block referencing a "Glaucoma device" company founded in 2000 in Waltham, MA, with medical-device investors (Easton Capital, MVM Life Science Partners); this appears to describe a separate entity and conflicts with the company's own first-party materials (solx.com website, app store listings, May 2025 terms of use), which are treated as authoritative.
Solx firmographics
Firmographics- Name
- Solx
- Legal name
- SOLX (legal entity name not disclosed in source materials)
- Website
- https://solx.com
- Company type
- Private
- Founded year
- 2025
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- SOLX is a non-custodial Solana cryptocurrency wallet embedded inside Telegram, enabling users to store, send, receive, and swap SOL and SPL tokens within chats. It serves individual crypto users globally via mobile app stores and monetizes through in-app token and dApp advertising.
- Ownership category
- akta.pro rank
Solx industry classification
Industry- Product category
- Cryptocurrency Wallet
- NAICS
- Software Publishers (5132)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG)
- akta.pro secondary industry
- DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading) (FSAPAEAD)
Keywords
Where Solx is headquartered
LocationHeadquarters
- HQ city
- Waltham
- HQ country
- United States
- HQ region
- North America
Markets served
Solx business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Marketing or Sales, Personnel
Revenue model
- Advertising (Ads Manager): Token and dApp projects can launch paid advertising campaigns targeting Telegram's 900M+ user base through SOLX's ad network (AdsGram integration). Revenue generated from ad spend by crypto projects seeking user acquisition.
- Token Swap Fees: Token swap functionality is provided through integrated third-party protocols. While SOLX does not facilitate trades directly, potential revenue could come from fee sharing with integrated swap protocols.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels2 records
Solx product offering
Product offeringCore offering
SOLX is a non-custodial Solana wallet integrated into the Telegram messenger that lets users store, send, receive, and swap SOL and SPL tokens directly inside Telegram chats, plus an Ads Manager that lets token and dApp projects run paid campaigns across the Telegram/AdsGram network. The product is delivered as a free consumer mobile app and is built on Solana for fast, low-cost transactions.
Product overview
SOLX is a single unified product that turns Telegram into a non-custodial Solana wallet. The core offering consists of three integrated components: SOLX Wallet (for storing, sending, and receiving SOL and SPL tokens), SOLX Messages (for executing crypto transactions directly in Telegram chats with slide-to-send controls), and SOLX Ads Manager (for launching and managing token/dApp advertising campaigns). All components operate within the Telegram messenger, share the same wallet balance, and maintain full non-custodial architecture where users control their private keys.
Differentiator
Problem solved
Functional benefit
Products and services
- SOLX Wallet A non-custodial Solana wallet that runs inside the Telegram messenger, allowing users to store, send, and receive SOL and SPL tokens with a personal Solana address without leaving their chat. It is intended for individual crypto users who already use Telegram and want full control of their private keys.
- SOLX Messages In-chat crypto messaging feature that lets users send and receive SOL and SPL tokens directly inside Telegram conversations using a slide-to-send gesture, eliminating the need to copy long wallet addresses or switch between apps. It also exposes token swap (e.g., SOL, USDT) inside the chat.
- SOLX Ads Manager Self-serve advertising platform that lets token and dApp projects launch and track campaigns in roughly 90 seconds across Telegram, AdsGram, and SOLX, with native ad placements in the trading feed and the user's wallet acting as the campaign balance.
Companies that use Solx
Customer profileSegments1 record
Ideal customer profiles2 records
Solx technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Solx partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- TelegramcoreSOLX is built on Telegram's public APIs, leveraging the Telegram platform as the delivery mechanism for its non-custodial Solana wallet. This is a foundational integration essential to SOLX's core value proposition of embedding crypto functionality within the Telegram messenger. SOLX is explicitly independent and unaffiliated with Telegram Messenger Inc.
Scale indicators1 record
Recent moves6 records
Expansion highlights6 records
Solx competitors and assessment
Company assessmentDirect peers
- TON Wallet: Telegram's official first-party crypto wallet integrated inside the Telegram messenger. The single most directly comparable competitor to SOLX, sharing the same Telegram-embedded UX and target user; competes head-to-head for the same 'crypto inside chat' use case but with first-party Telegram backing.
- Phantom: Leading non-custodial Solana wallet with browser extension and mobile app. Same underlying Solana chain, same non-custodial architecture, same target user (Solana DeFi users); differs by being a standalone app rather than Telegram-embedded.
- Solflare: Established non-custodial Solana-native wallet offering storage, swapping, and staking for SOL and SPL tokens. Directly comparable in chain focus (Solana) and core wallet features; competes for the same SPL-token user base outside the Telegram distribution channel.
- Trust Wallet: Multi-chain non-custodial mobile wallet owned by Binance, supporting Solana among many other chains. Comparable in non-custodial mobile wallet positioning and broad crypto user target, though without the Telegram-native messaging integration.
- Exodus Wallet: Multi-chain non-custodial desktop and mobile wallet with built-in swap and exchange features. Comparable product surface (wallet + in-app swap) for retail crypto users, though broader in chain support and not Telegram-embedded.
- Backpack: Non-custodial Solana wallet (with xNFT support) and crypto exchange from the FTX-alumni team. Comparable in chain focus, non-custodial architecture, and DeFi-oriented user base; differs in bundling exchange functionality rather than messaging.
- MetaMask: Most widely used non-custodial self-custody wallet (originally Ethereum-focused, now multi-chain). Same non-custodial, key-control architecture and retail crypto target; competes for the same self-sovereign wallet user, though not Telegram-native.
Broad incumbents
- Coinbase Wallet: Non-custodial wallet product from Coinbase, bundled with the broader Coinbase exchange ecosystem. Overlaps with SOLX on non-custodial storage and multi-asset support, but benefits from Coinbase brand, compliance posture, and fiat ramps.
- Binance Wallet (Web3): Self-custody wallet from Binance supporting multiple chains including Solana. Comparable non-custodial mobile wallet targeting Solana users, with the distribution and trust halo of the Binance exchange behind it.
Others
- Jupiter Aggregator: Leading Solana DEX aggregator and swap router. Not a wallet but the primary routing layer for SOL-to-USDT and SPL swaps that SOLX relies on through third-party integrations; an infrastructure peer rather than direct competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Solx social profiles
Digital presenceSolx financial estimates
Financial estimateRevenue estimate
Valuation estimate
Solx leadership team
Management profileNumber of profiles
Solx funding detail
Funding detailFunding overview
Funding rounds4 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Solx 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 Solx
What does Solx do?
SOLX is a non-custodial Solana wallet integrated into the Telegram messenger that lets users store, send, receive, and swap SOL and SPL tokens directly inside Telegram chats, plus an Ads Manager that lets token and dApp projects run paid campaigns across the Telegram/AdsGram network. The product is delivered as a free consumer mobile app and is built on Solana for fast, low-cost transactions.
Is Solx a public or private company?
Solx is a private company. It is classified as unknown and is currently operating.
When was Solx founded?
Solx was founded in 2025. It employs 11 to 50 people.
Where is Solx based?
Solx is headquartered in Waltham, United States, in the North America region.
How does Solx make money?
Two revenue lines are on record. Advertising (Ads Manager) is the primary driver. The others are token Swap Fees.
Who are Solx's main competitors?
Direct peers on record are TON Wallet, Phantom, Solflare, Trust Wallet, Exodus Wallet, Backpack and MetaMask. Broad incumbents are Coinbase Wallet and Binance Wallet (Web3). Jupiter Aggregator is listed as an others.
Does Solx have an API?
No public API is recorded for Solx.
What industry is Solx in?
Solx's product category is Cryptocurrency Wallet. Its primary akta.pro industry code is FSADAAAG, Crypto Custody & Exchange Wallet Services (Integrated), with a secondary code of FSAPAEAD, DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading). Its NAICS code is 5132 and its SIC code is 6200.