Okto

What Okto does

Okto is a chain abstraction platform that provides self-custody Web3 wallet infrastructure for retail crypto traders and developers. The company operates a mobile-first consumer application (Okto Wallet) supporting cross-chain spot trading, futures trading with up to 50X leverage via Hyperliquid, cross-chain swaps across EVM, Solana, Aptos, and Cosmos ecosystems, and passive income through staking and LPs. It also offers an embedded wallet SDK enabling partner applications to integrate Web3 onboarding, custody, and transaction capabilities without exposing users to blockchain complexity. The platform is powered by a four-component technical stack: the Decentralized Wallet Network (DWN) providing MPC-secured custody via an 11/20 Threshold Signature Scheme (built with Silence Laboratories and secured on EigenLayer AVS); the Unified Liquidity Layer (ULL) aggregating cross-chain liquidity through ERC-7683 standard integration with LayerZero, Socket, Wormhole, and Across Protocol; the Decentralized Transaction Network (DTN) orchestrating multi-chain intent-based transaction execution; and Okto Chain, a ZK-based Layer 2 built on Polygon CDK serving as the coordination hub.

Okto monetizes primarily through transaction fees on Hyperliquid-powered futures trading, swap/bridge transaction fees, and SDK licensing for embedded wallet distribution. Revenue is supplemented by an affiliate and referral program (25% commission on referee trading fees) and a points ecosystem that will underpin a planned $OKTO token TGE targeted for 2025. Go-to-market follows a hybrid model spanning product-led growth via mobile app, community-led growth through ambassador and referral programs, and OEM/embedded distribution through SDK partnerships with platforms like Stan Gaming (7M+ users), CoinDCX Web3, Catoff, and GrowFitter. The company is privately held and operates under the legal entity DCX Software Platforms; it is affiliated with CoinDCX, one of India's largest cryptocurrency exchanges, with Neeraj Khandelwal serving as co-founder of both entities.

Headquartered in Bengaluru, India with 11-50 employees, Okto reports 12M+ wallets enabled across supported chains, 50+ integrated protocols, and 30+ ecosystem partners. The company holds GDPR compliance certification for European data subjects and integrates with blockchain analytics providers for wallet screening during onboarding.

Name

Okto

Legal name

DCX Software Platforms

Website

https://okto.tech

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Okto is a chain abstraction platform providing a self-custody mobile Web3 wallet and embedded wallet SDK, enabling retail crypto traders and partner app developers to execute cross-chain trades, swaps, and futures across EVM, Solana, Aptos, and Cosmos via MPC-secured infrastructure.

Ownership category

akta.pro rank

Product category

Web3 Wallet Infrastructure

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

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

Cross-Chain Wallet & Asset Routing Infrastructure (FSADACAJ), Wallet Infrastructure (SDKs, Wallet-as-a-Service) (FSADACAD), Account Abstraction & Smart Wallet Tooling (AA SDKs, paymasters, session keys) (FSAPABAK)

Keywords

• Web3 wallet infrastructure
• Chain abstraction platform
• Embedded wallet SDK
• Cross-chain liquidity routing
• Decentralized MPC wallets

Headquarters

HQ city

Bengaluru

HQ country

India

HQ region

Asia

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Futures Trading Fees: Okto earns commissions on futures trading fees generated through its Hyperliquid-powered futures platform. Users trade with leverage up to 50X on 100+ token pairs including pre-launch tokens.
2. Swap/Bridge Fees: Cross-chain swap and bridging operations generate revenue through network fees and a small Okto fee on transactions routed through the Unified Liquidity Layer.
3. Okto Points Ecosystem: Gamified points system (Okto Points) rewards user engagement and trading activity. Points convert to $OKTO token (TGE expected 2025).
4. SDK Licensing: Developer SDK and embedded wallet infrastructure provided to partners like Stan Gaming, Catoff, and CoinDCX Web3 for wallet-as-a-service capabilities.
5. Affiliate Commissions: Hyperfuel weekly points reward pool (500k points) and affiliate program with up to 20%+ trading fee rebates for top performers driving new user acquisition.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels9 records

Core offering

Okto develops and operates a chain abstraction platform that delivers a self-custody mobile Web3 trading wallet supporting cross-chain swaps, futures trading, and staking across EVM, Solana, Aptos, and Hyperliquid chains. It also offers an embedded wallet SDK that enables developers and partner applications to integrate Okto's wallet infrastructure, gas abstraction, and cross-chain transaction orchestration into their own products.

Product overview

Okto is a comprehensive chain abstraction platform providing a unified Web3 experience. The core product portfolio consists of the Okto Wallet (self-custody mobile trading wallet), Okto SDK (developer toolkit for chain-abstracted app development), and Okto Chain (ZK-based L2 coordination layer). These are powered by four technical sub-systems: Decentralized Wallet Network (DWN) for MPC-secured multi-chain wallets, Unified Liquidity Layer (ULL) for cross-chain liquidity routing, Decentralized Transaction Network (DTN) for automated transaction orchestration, and the Policy Engine for risk management. The Okto ecosystem also includes Okto Points (loyalty/reward token), HyperEVM integration via Hypezone, and embedded wallet functionality for partner apps. Built in partnership with Polygon (CDK), EigenLayer, and integrated with protocols including 1inch, LayerZero, and Hyperliquid.

Differentiator

Problem solved

Functional benefit

Products and services

• Okto Wallet Self-custody mobile Web3 trading wallet enabling 1-click cross-chain swaps, gasless transactions via gas exchange, inline bridging, futures trading up to 50X leverage, spot trading, and passive income via staking and LPs across EVM, Solana, Aptos, and Hyperliquid. Targets retail crypto traders with social login onboarding.
• Okto SDK Chain abstraction SDK enabling developers to build dApps with embedded wallets, cross-chain liquidity, intent-based transactions, and policy controls. Available for React, React Native, Flutter, Unity, and TypeScript, targeting Web3 developers and consumer platforms.
• Okto Chain ZK-based Layer 2 app chain built on Polygon CDK serving as the coordination hub for the Okto ecosystem. Acts as an immutable ledger recording jobs, intents, and wallet permissions from the Decentralized Wallet Network (DWN), Unified Liquidity Layer (ULL), and Decentralized Transaction Network (DTN). Inherits Ethereum security while providing scalability.
• Okto Platform End-to-end chain abstraction platform integrating the Decentralized Wallet Network (DWN), Unified Liquidity Layer (ULL), Decentralized Transaction Network (DTN), and Okto Chain to deliver unified multi-chain wallet infrastructure, cross-chain liquidity routing, and intent-based transaction orchestration.
• Okto Points Reward program that incentivizes trading activity, referrals, and campaign participation. Points can convert to $OKTO token (TGE expected 2025), with referral commissions offering up to 25% of referee trading fees plus equivalent points.

Quantifiable outcome

• 12M+ wallets enabled across supported chains
• +7 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability4 records

Feature8 records

Partnerships

18 partnerships are on record, tiered core and minor.

• AggLayer (Polygon Labs)coreStrategic or Co-development Partner · 8 July 2024Integration with AggLayer enables Okto users to interact across multiple chains via single streamlined interface. Okto aligns with AggLayer's mission for secure cross-chain interactions. Partnership includes comprehensive Chain Abstraction Stack with Okto App Chain built using Polygon CDK.
• Silence LaboratoriescoreTechnology or IntegrationPartnership for MPC (Multi-Party Computation) infrastructure. Developed 11/20 Threshold Signature Scheme for decentralized wallet network signing. TEE (Trusted Execution Environment) implementation for cryptographic key protection.
• NethermindcoreTechnology or IntegrationCollaborated with Nethermind and Solana Foundation to extend cross-chain liquidity reach beyond EVM ecosystem. Provides robust cross-chain liquidity support for Solana, Aptos, and non-EVM chains.
• Across ProtocolcoreTechnology or IntegrationULL built with Across Protocol embracing ERC-7683 standard for cross-chain liquidity. Intelligent routing engine connects to various bridging and swapping solutions for best route optimization.
• EigenLayercoreTechnology or IntegrationDWN secure nodes deployed on EigenLayer AVS (Actively Validated Services) inheriting Ethereum's proof-of-stake security through restaking. Provides economic security and independent operator network.
• Polygon CDKcoreTechnology or IntegrationOkto Chain built as ZK-based Layer 2 on Polygon CDK serving as coordination hub. Inherits Ethereum security while providing scalability for Okto ecosystem operations.
• Solana FoundationcoreTechnology or IntegrationCollaboration to extend cross-chain liquidity support to Solana ecosystem alongside Nethermind. Enables Solana support in ULL for non-EVM chain coverage.
• 1inchcoreTechnology or IntegrationPrimary swap provider for same-chain EVM swaps handling 76-80% of Okto's total swap volume. Pathfinder algorithm provides optimal routing across integrated DEXes including rare token pairs. Also supports cross-chain inline bridge operations.
• HyperliquidcoreTechnology or IntegrationOkto built on Hyperliquid infrastructure providing futures and spot trading. First adopter of Builder Codes feature. HyperEVM support enables smart contract access. Deep liquidity and near-instant execution via HyperBFT consensus.
• Stan GamingcoreOEM/ Whitelabel/ Licensing PartnerOkto SDK powers Stan Gaming's wallet infrastructure to onboard 7M+ users to Web3. Gaming platform enables play and earn with crypto through embedded Okto wallet.
• CoinDCX Web3coreOEM/ Whitelabel/ Licensing PartnerCoinDCX Web3 integrated Okto wallet for buy/sell token functionality on chain with ease. Part of same company ecosystem (DCX Software Platforms).
• CatoffminorOEM/ Whitelabel/ Licensing PartnerAirdrop quest platform using Okto embedded wallet for user onboarding and wallet functionality.
• GrowFitterminorOEM/ Whitelabel/ Licensing PartnerSocial and consumer app leveraging Okto for accessible crypto features and user-friendly Web3 integration.
• Chaincode ConsultingminorImplementation/ SI/ Consulting PartnerDevelopment partner leveraging Okto infrastructure for blockchain application consulting and implementation.
• LayerZerocoreTechnology or IntegrationULL connects with LayerZero for cross-chain messaging and bridging solutions, contributing to aggregator of aggregators architecture.
• SocketcoreTechnology or IntegrationULL integrates Socket for cross-chain liquidity routing and bridging solutions as part of ERC-7683 powered aggregation.
• WormholecoreTechnology or IntegrationULL connects with Wormhole for cross-chain interoperability and bridging solutions across EVM and non-EVM ecosystems.
• CoinDCXcoreOthersParent company and affiliate. DCX Software Platforms provides Okto services through website and mobile application. Neeraj Khandelwal is Co-founder of both CoinDCX and Okto.

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Privy: Privy provides embedded wallet infrastructure and wallet-as-a-service SDKs for Web3 applications, directly competing with Okto's embedded wallet and MPC-based onboarding. Both target developers building consumer apps who want to abstract away seed phrases and chain complexity.
• Sequence (Horizen): Sequence offers a unified Web3 development stack with embedded smart contract wallets, multi-chain infrastructure, and chain-abstracted transactions, overlapping directly with Okto's SDK, DWN, and chain abstraction architecture.
• Safe (formerly Gnosis Safe): Safe is the leading smart contract wallet protocol for EVM chains, providing multi-sig and account abstraction infrastructure. Okto's MPC and ERC-4337 wallet infrastructure competes with Safe at the smart account level for both consumer and enterprise users.
• Magic Labs: Magic provides passwordless Web3 onboarding via email/social login and embedded wallet SDKs, directly comparable to Okto's social login (Google/Email/WhatsApp) onboarding and embedded wallet offering.
• Biconomy: Biconomy provides account abstraction infrastructure including paymasters, gasless transactions, and multi-chain orchestration, overlapping with Okto's gas abstraction, intent-based DTN, and cross-chain execution capabilities.
• Particle Network: Particle Network offers chain abstraction and unified Web3 accounts with modular L1 infrastructure, competing directly with Okto's chain abstraction stack, Okto Chain L2, and cross-chain wallet orchestration.
• Reown (formerly WalletConnect): Reown provides wallet connectivity, authentication, and session protocols that enable apps and wallets to interoperate, comparable to Okto's WalletConnect integration and broader wallet ecosystem role.
• Web3Auth (Torus): Web3Auth provides non-custodial key management and social login infrastructure for Web3 wallets using MPC and sharded keys, directly comparable to Okto's DWN MPC architecture and social login onboarding flow.

Broad incumbents

• Fireblocks: Fireblocks is an institutional custody and wallet infrastructure provider with MPC-based key management, serving as a broader incumbent that overlaps with Okto's DWN for institutional and enterprise wallet use cases beyond Okto's consumer focus.
• Thirdweb: Thirdweb provides full-stack Web3 development infrastructure including smart wallets, SDKs, and chain tools, overlapping with Okto's developer SDK and embedded wallet offerings across a broader portfolio of Web3 services.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/okto_web3

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Okto