Kibisis

Name

Kibisis

Legal name

Kibisis OÜ

Website

https://kibis.is

Company type

Private

Founded year

2023

Operating status

Operating

Ownership category

akta.pro rank

Product category

Cryptocurrency Wallet Software

NAICS

Software Publishers (5132)

SIC

Services-Prepackaged Software (7372)

akta.pro industry

PRIMARYFSAPACAA

Self-Custody Wallets (EOA, seed phrase, HD wallets)

Financial & Insurance/Blockchain & Web3/Wallets, Identity & Access (custody/non-custody, DID, key management)

SECONDARYFSAPACAF

Wallet Connectivity & Session Protocols (WalletConnect, deep links, QR, auth sessions)

Financial & Insurance/Blockchain & Web3/Wallets, Identity & Access (custody/non-custody, DID, key management)

Keywords

• Self-custodial wallet
• Cryptocurrency wallet software
• Algorand wallet
• Web3 wallet
• AVM blockchain wallet

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Kibisis Token ($KIBI) and Marketplace: Planned native token (symbol $KIBI) with total supply of 10 billion (6 decimals) to be used as currency in upcoming marketplace for purchasing wallet skins and themes. Customizations will be delivered as NFTs. Bootstrapping period will allow acquiring tokens by exchanging VOI directly with a smart contract.
2. Opt-in Action-Based Analytics with Rewards: Users can optionally opt-in to action-based analytics tracking, earning rewards for certain actions performed while using Kibisis. Participation is entirely voluntary.

Go-to-market motion1 record

Distribution channels8 records

Marketing channels4 records

Core offering

Kibisis develops and distributes free, open-source, self-custodial wallet software for AVM (Algorand Virtual Machine) blockchain networks, including Algorand and Voi. The product is delivered as a browser extension (Chrome/Firefox/Brave/Edge) and an Android mobile application (beta), with iOS support planned, enabling users to manage accounts, store and transfer standard assets, ARC-0200 tokens, and ARC-0072 NFTs, and to sign transactions for integrated dApps without ever surrendering custody of their private keys.

Product overview

Kibisis is a multi-platform self-custodial AVM (Algorand Virtual Machine) wallet ecosystem consisting of browser extension and mobile applications. The core offering includes the Kibisis Web Extension (Chrome/Firefox), Kibisis Android App (beta), and Kibisis iOS App (coming soon). The wallet supports Algorand and Voi blockchain networks, offering account management, asset handling including ARC-0200 tokens and ARC-0072 NFTs, identity features, and payment capabilities. Planned additions include the $KIBI token and a marketplace for purchasing wallet skins and themes as NFTs.

Differentiator

Problem solved

Functional benefit

Products and services

• Kibisis Web Extension A self-custodial browser extension wallet for managing AVM (Algorand Virtual Machine) blockchain accounts on the Algorand and Voi networks. Provides account creation/import, network switching, multi-asset support (standard assets, ARC-0200 tokens, ARC-0072 NFTs), send/receive, QR-code workflows, passkey authentication, and dApp transaction signing via the AVM Web Provider and UseWallet connector. Distributed via Chrome Web Store, Firefox Add-ons, Brave, and (planned) Microsoft Edge.
• Kibisis Android App Android mobile wallet application for managing AVM accounts on Algorand and Voi networks. Currently in open beta via Google Play Store, with additional direct APK download from GitHub and planned F-Droid availability; supports APK signature verification for secure manual installation.

Quantifiable outcome

• Free ARC-0200 asset opt-in (no transaction fee required)
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature12 records

Partnerships

Four partnerships are on record, tiered core.

• TxnLabcoreTechnology or Integration · 25 January 2024TxnLab developed the UseWallet provider connector. Kibisis integrated as a provider with UseWallet, enabling existing dApps to support Kibisis as a wallet for transaction signing. Special thanks to Doug Richar for support.
• Agora LabscoreStrategic or Co-development PartnerAgora Labs is the team behind Kibisis, developing the wallet and related infrastructure including AVM Web Provider and ARC standards implementations. Contact email [email protected]. Kibisis is owned and operated by Kibisis OÜ, developed by Agora Labs.
• Voi NetworkcoreStrategic or Co-development PartnerVoi is a blockchain network built on AVM technology. Kibisis is designed to support both Algorand and Voi ecosystems, enabling users to manage accounts across both networks seamlessly.
• AlgorandcoreStrategic or Co-development PartnerAlgorand is the underlying blockchain infrastructure. Kibisis supports Algorand MainNet and TestNets alongside Voi network.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Defly: Defly is a self-custodial Algorand mobile wallet and dApp browser, focused on DeFi and swap routing on Algorand. It targets the same Algorand-native user, integrates with AlgoFi and other dApps, and competes with Kibisis for wallet share on Algorand's AVM.
• MyAlgo (historical): MyAlgo was a popular browser-based self-custodial wallet for Algorand that served the same developer-and-power-user segment Kibisis targets. It is now defunct after a 2023 security incident, but its prior product surface (web/extension, Algorand-only, ARC-20/NFT support) maps closely to Kibisis' scope.
• Pera Wallet: Pera Wallet is the leading self-custodial wallet for the Algorand ecosystem (mobile, web, desktop). It competes directly with Kibisis for the same Algorand user base, supports ARC-class tokens and NFTs, and pairs with dApps via wallet connectors — making it the closest direct comparable.

Broad incumbents

• Exodus: Exodus is a multi-chain self-custodial desktop/mobile wallet supporting 100+ assets including Algorand. Although not an Algorand specialist, it competes for the same self-custody user, offers a broader asset catalog, and has far greater brand awareness.
• Guarda: Guarda is a multi-chain self-custody wallet (web, desktop, mobile, browser extension). Like Kibisis, it offers non-custodial key storage, multi-platform distribution, and a wide asset list, and competes for crypto-curious retail users who want full key control.
• Atomic Wallet: Atomic Wallet is a multi-chain self-custody desktop/mobile wallet with built-in swap and staking across many chains. It competes for the same self-custody retail user and shares Kibisis' no-KYC, private-keys-local model.
• Trust Wallet: Trust Wallet is one of the largest multi-chain self-custodial mobile wallets (Binance-backed). It supports dozens of chains via WalletConnect, includes a built-in dApp browser, and overlaps with Kibisis on the self-custody, mobile, multi-chain thesis — though without AVM-specific optimization.
• Phantom: Phantom is the leading chain-specific self-custodial dApp wallet (Solana, with multi-chain expansion). Its product position — purpose-built browser-extension and mobile wallet becoming the default user entry into a chain's dApp ecosystem — is analogous to Kibisis' strategy for AVM.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• GitHubgithub.com/kibis-is

Compliance2 records

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 Kibisis