What Xverse does

Xverse is a self-custodial Bitcoin Web3 wallet developed by Secret Key Labs Limited, a Hong Kong-incorporated private company, serving nearly 2,000,000 users globally as a consumer-focused retail and SMB product. The wallet is available on iOS, Android, and as a Chrome browser extension, and unifies Bitcoin L1 holdings (BTC, Ordinals/NFTs, BRC-20 tokens, Runes, Lightning, stablecoins, meme coins) with multiple Bitcoin Layer-2 ecosystems (Stacks, Starknet, Spark, Mezo, Bitlayer, sBTC) behind a single interface, supported by hardware-wallet integrations with Ledger and Keystone. It connects users to DeFi protocols (ALEX, Arkadiko, Velar, Liquidium), NFT marketplaces (Magic Eden, Gamma, Unisat, OKX, Satflow, Ordinals Market), and fiat on-ramps (MoonPay, Transak), and is open source with publicly referenced security audits.

The technology architecture centers on native multi-L2 connectivity — direct integration with Starknet, Stacks, Spark, and Mezo — plus native staking primitives including the Xverse Validator on Starknet and the Xverse Pool for Stacks stacking. Developer-facing products include the Xverse API (Bitcoin RPC) and the SatsConnect JavaScript SDK, which lets third-party apps retrieve addresses and request signatures on Bitcoin and Stacks. Production-side capabilities are widened by Xverse Earn (BTC staking via Babylon/BOB, ~10% STX stacking APY paid in BTC, wBTC staking on Starknet), Xverse Mint for Runes minting, a crypto tax calculator, and an Agent Wallet designed for AI-agent Bitcoin payments; the upcoming Reserve Card is intended to extend the product into merchant spending. Account creation does not require identity verification and the wallet is non-custodial, with private keys optionally held on Ledger or Keystone devices.

Monetization is limited and primarily transactional rather than subscription-driven: the wallet is free, the company charges a 4.95% fee on STX stacking rewards distributed through Xverse Pool, and Xverse API/Bitcoin RPC is offered under tiered subscription pricing. Go-to-market is product-led and community-led — direct app-store downloads, the Chrome extension, content marketing, social media, and a developer relations layer via SatsConnect — with no disclosed enterprise sales motion. Revenue, ARR, headcount trends beyond the 11–50 band, and post-2023-08 funding activity are not disclosed in the available sources.

Name

Xverse

Legal name

Secret Key Labs Limited

Website

https://xverse.app

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Xverse, built by Secret Key Labs Limited, is a self-custodial Bitcoin Web3 wallet available on iOS, Android, and Chrome that unifies BTC, Ordinals, BRC-20, Runes, Lightning, and multiple Bitcoin Layer-2 networks behind one interface, serving nearly two million consumer and SMB users globally.

Ownership category

akta.pro rank

Product category

Cryptocurrency Wallet

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB)

akta.pro secondary industries

Wallet Connectivity & Session Protocols (WalletConnect, deep links, QR, auth sessions) (FSAPACAF), Account Abstraction & Smart Wallet Tooling (AA SDKs, paymasters, session keys) (FSAPABAK), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD)

Keywords

• Bitcoin wallet
• Cryptocurrency wallet
• Bitcoin defi
• Bitcoin ordinals
• Bitcoin staking

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Network Transaction Fees: Users pay standard blockchain network fees when transacting onchain. Xverse does not charge custody fees or account minimums.
2. Stacking Pool Fees: Xverse Pool charges a 4.95% fee on stacking rewards earned through the platform's Stacks stacking service.
3. API Services: Xverse API and Bitcoin RPC services offered with tiered pricing for developers and enterprises building on Bitcoin.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Core offering

Xverse develops a self-custodial Bitcoin Web3 wallet (available on Android, iOS, and Chrome) that enables users to hold BTC, Ordinals, BRC-20 tokens, Runes, Lightning Network assets, stablecoins, and assets on multiple Bitcoin Layer-2 networks (Stacks, Starknet, Spark, Mezo, Bitlayer, sBTC). The wallet integrates onchain banking features including yield earning, borrowing against BTC, in-app token swapping, and marketplace connectivity. It also offers developer-facing products including a Bitcoin RPC API and the SatsConnect JavaScript SDK for third-party wallet integration.

Product overview

Xverse is a self-custodial Bitcoin Web3 wallet and financial operating system (branded as 'The Sovereign Onchain Bank & Bitcoin Wallet'), available for Android, iOS, and Chrome browser. The flagship Xverse Bitcoin Wallet is the core product, encompassing Bitcoin DeFi Wallet functionality that enables earning, borrowing, trading, and spending directly on-chain. The product architecture spans multiple Bitcoin layers and token standards: the core Bitcoin wallet supports L1 assets (BTC, Ordinals/NFTs, BRC-20 tokens, Runes, stablecoins, meme coins); dedicated blockchain protocol wallets support Stacks (STX), Starknet (STRK), Spark, Mezo, Bitlayer, and sBTC; Lightning Wallet enables fast payment transactions; and Bitcoin L2 Wallet provides unified access across Bitcoin layer-2 ecosystems. Xverse Earn aggregates staking and yield opportunities including BTC staking via Babylon/BOB, STX Stacking via the Xverse Pool (earning ~10% APY in BTC), and wBTC staking on Starknet via the Xverse Validator. Developer-facing products include the Xverse API (with Bitcoin RPC) and SatsConnect, a JavaScript SDK for wallet integration. Supplementary tools include a Crypto Tax Calculator, an Agent Wallet for AI agent Bitcoin payments, and the upcoming Reserve Card for direct crypto spending. The wallet connects to hardware wallets (Ledger, Keystone), fiat on-ramps (MoonPay, Transak), DeFi protocols (ALEX, Arkadiko, Velar), and marketplaces (Magic Eden, Gamma, Unisat, OKX, Satflow, Ordinals Market).

Differentiator

Problem solved

Functional benefit

Brands

• Xverse Mint: BRC-20 and Runes minting application
• Xverse Earn
• Xverse Portfolio
• Xverse API
• SatsConnect
• Xverse Validator
• Xverse Pool

Products and services

• Xverse Bitcoin Wallet Self-custodial Bitcoin Web3 wallet available on Android, iOS, and Chrome. Supports BTC, Bitcoin Ordinals (NFTs), BRC-20 tokens, Runes, Lightning Network, stablecoins, meme coins, and assets on multiple Bitcoin Layer-2 networks (Stacks, Starknet, Spark, Mezo, Bitlayer, sBTC). Enables onchain earning, borrowing, trading, and swapping, with hardware wallet integration (Ledger, Keystone) for cold-storage security.
• Xverse Earn Unified yield-aggregation module within the Xverse app that lets users earn yield on BTC, STX, wBTC, and stablecoins. Aggregates BTC staking (via Babylon/BOB), STX Stacking via the Xverse Pool, wBTC staking on Starknet via the Xverse Validator, and stablecoin yield, all without giving up custody.
• BTC Staking Non-custodial BTC staking service accessible via Xverse Earn that enables users to stake native BTC and earn yield through Build on Bitcoin (BOB), a hybrid Bitcoin Layer-2 secured by Babylon. Supports liquid staking tokens (e.g., SolvBTC.BBN) and wrapped assets (e.g., tBTC) with low minimums and a single BTC transaction.
• Xverse STX Pool (Xverse Stacking) Stacks (STX) stacking pool service operated by the Xverse team. Users deposit STX (minimum 500 STX) and earn BTC rewards paid out via Stacks' Proof of Transfer (PoX) consensus mechanism at the end of every 2-week cycle. Supports Ledger integration for cold-storage participation. Average APY of approximately 10% in BTC; Xverse Pool charges a 4.95% fee on stacking rewards.
• Xverse Mint Runes A minting tool within the Xverse portfolio app for creating and minting Runes fungible tokens on Bitcoin. Users can search for runes, configure mint amounts and repeat mints, and sign transactions directly from the Xverse wallet.
• Xverse Validator Native staking validator on Starknet enabling Xverse users to deposit wBTC and earn STRK rewards. Validators participate in Starknet's staking and validation process. Includes no liquid staking provider fee and no slashing risk; wBTC withdrawal is subject to a 7-day unbonding period.
• Xverse API (with Bitcoin RPC) Public-facing developer API suite enabling direct access to Bitcoin blockchain data via Bitcoin RPC, plus broader Xverse infrastructure access. Offered with tiered pricing (basic, professional, enterprise) for developers and enterprises building on Bitcoin.
• SatsConnect JavaScript SDK library enabling external applications to connect to Xverse and Unisat wallets. Retrieves BTC addresses and requests transaction signatures on Bitcoin, Stacks, and other Bitcoin Layer-2 protocols. Used by developers to integrate wallet connectivity for etching Runes, creating BRC-20 tokens, inscribing satoshis, and more.
• Crypto Tax Calculator (Xverse Summ) Crypto tax calculation tool that computes tax obligations across Bitcoin and associated tokens and DeFi activities managed through the Xverse wallet.
• Agent Wallet Wallet capability designed for AI agents to manage Bitcoin payments. Enables AI agentic workflows on Bitcoin, allowing autonomous agents to send and receive Bitcoin transactions.

Quantifiable outcome

• Up to 6% APY on cash holdings with no lock-ups or minimums
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

Feature8 records

Partnerships

Six partnerships are on record, tiered core.

• StarknetcoreTechnology or IntegrationXverse has partnered with Starknet to provide DeFi access on the Layer 2 network. Xverse users can connect to Starknet applications, stake wBTC through Xverse Validator, and access privacy features like strkBTC for private Bitcoin transactions. The partnership brings Ethereum L2 capabilities to Bitcoin users.
• LedgercoreTechnology or IntegrationXverse integrates with Ledger hardware wallets (Nano S Plus and Nano X) enabling cold storage of BTC, STX, Ordinals, and BRC-20 tokens. Ledger support extends to both Chrome extension and mobile app. Users can connect Ledger devices to manage Starknet accounts and sign transactions securely.
• KeystonecoreTechnology or IntegrationXverse integrates with Keystone Pro hardware wallet for offline storage of Bitcoin, Ordinals, Runes, and BRC-20 tokens. Partnership includes 10% discount on Keystone devices for Xverse users. The Keystone device features air-gapped security and anti-tampering mechanisms.
• ALEXcoreTechnology or IntegrationALEX is a DeFi protocol built on Stacks and the first decentralized exchange supporting BRC-20 token trading. Xverse users can connect their wallet to ALEX for trading, lending, borrowing, and earning yield on digital assets. ALEX combines L1 indexing and L2 optimization for seamless trading.
• LiquidiumcoreTechnology or IntegrationLiquidium is a peer-to-peer Ordinal lending protocol on Bitcoin blockchain. Xverse users can deposit Ordinals as collateral to receive BTC loans. The protocol uses DLCs and PSBTs for secure lending. Liquidium takes 20% fee from loan interest.
• Build on Bitcoin (BOB)coreTechnology or IntegrationBOB is a hybrid Bitcoin Layer 2 solution that blends Bitcoin security with Ethereum flexibility. Xverse supports BTC staking on BOB, allowing users to earn yield through DeFi services including borrowing, lending, and trading.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Sparrow Wallet: Sparrow is a desktop-first Bitcoin self-custody wallet emphasizing privacy, hardware-wallet integration, and UTXO control — overlapping with Xverse's power-user, privacy-first and Ledger/Keystone value props.
• Leather (formerly Hiro Wallet): Leather is the leading Stacks-native wallet and a core entry point for Bitcoin DeFi on Stacks. It directly competes with Xverse for Stacks/ALEX/Arkadiko users and shares the same non-custodial, developer-friendly positioning.
• Unisat: Unisat is a Bitcoin self-custodial wallet focused on Ordinals, BRC-20, and Runes — the closest head-to-head competitor to Xverse for power Bitcoin users, with overlapping integrations across the same marketplaces (Magic Eden, Gamma) and L2 networks.
• Phantom Wallet: Phantom is a multi-chain self-custodial wallet (originally Solana, now expanded to Bitcoin and Ethereum) — directly comparable in product UX, mobile/browser distribution, and non-custodial positioning, and is a likely strategic template for Xverse's expansion.

Broad incumbents

• OKX Wallet: OKX Wallet is a multi-chain wallet from a top-tier exchange with strong Bitcoin Ordinals/Runes support and an Ordinals marketplace — a much larger incumbent competing head-on for Bitcoin-native users that Xverse targets.
• Block (Cash App): Block's Cash App is one of the largest consumer Bitcoin on-ramps in the West and represents the mainstream custodial alternative Xverse positions against ('can't freeze your account'); relevant for end-user Bitcoin flows but in a custodial format.
• Trust Wallet: Trust Wallet is a multi-chain, self-custodial wallet owned by Binance, supporting BTC, Ordinals and BRC-20 at global scale — competing with Xverse across consumer Bitcoin use cases with a vastly larger distribution.
• Ledger Live (Ledger): Ledger Live is the companion software to the leading hardware wallet and a partner/channel for Xverse (Ledger integrates Xverse); it competes at the wallet-software layer for users managing BTC, Ordinals, and BRC-20 from cold storage.

Others

• Keystone: Keystone is a hardware-wallet partner integrated into Xverse. Both firms co-distribute to Bitcoin power users; Keystone competes at the cold-storage layer and is a complementary channel for Xverse's most security-sensitive users.
• Magic Eden: Magic Eden is the leading Ordinals/BRC-20/Runes marketplace and a top integration partner of Xverse — adjacent ecosystem participant that both depends on Xverse wallet-connect and competes for end-user Bitcoin attention.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/xverseApp
• GitHubgithub.com/secretkeylabs
• Instagraminstagram.com/xverseapp
• TikToktiktok.com/@xverseapp
• LinkedInlinkedin.com/company/secret-key-labs

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors19 records

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 Xverse