Trust Wallet - Crunchbase Company Profile & Funding (2024)

Organization

About

Trust Wallet is a mobile wallet company for Ethereum and ERC20/ERC223 tokens.

Acquired by
Binance

Mountain View, California, United States
11-50
Private
trustwallet.com
41,711

Highlights

Contacts5

Employee Profiles2

Similar Companies26

Recent News & Activity

News•

Dec 4, 2023

Coin Telegraph — Trust the best strategy in crypto bear market — Trust Wallet CEO

News•

Dec 2, 2023

Yahoo Finance — Why Trust Wallet, the CZ-Owned Crypto App, Is Looking to the UAE

News•

Nov 30, 2023

The Block Crypto — Trust Wallet reports Bitcoin node issue behind failed user transactions

View All

Find More Contacts for Trust Wallet

Protected Content

Founder

Executive Management

1 phone number found

View contacts for Trust Wallet to access new leads and connect with decision-makers.

View All Contacts

Details

Industries
Cryptocurrency
Ethereum
Financial Services
FinTech
Headquarters Regions San Francisco Bay Area, Silicon Valley, West Coast
Founded Date2017
Founders Maxim Rasputin
Operating StatusActive

Company TypeFor Profit

Contact Emailsupport@trustwalletapp.com

Trust Wallet is a mobile wallet company for Ethereum and ERC20/ERC223 tokens. It provides provide a fully security audited system that makes it simple to store your cryptocurrency. Trust applications, designed for iOS and Android, provide the best possible experience and ease of use.

The company was established in 2017 and is based in

Mountain View, California.

Lists Featuring This Company

Western US Acquired Companies With Fewer Than 1000 Employees (Top 10K)

9,992

Number of Organizations•

$196.1B

Total Funding Amount•

23,391

Number of Investors

Silicon Valley Companies With Fewer Than 1000 Employees (Top 10K)

9,956

Number of Organizations•

$244B

Total Funding Amount•

29,174

Number of Investors

Silicon Valley Companies With More Than $1M in Revenue (Top 10K)

9,819

Number of Organizations•

$407.1B

Total Funding Amount•

18,377

Number of Investors

West Coast Acquired Companies With Less Than $500M in Revenue

5,280

Number of Organizations•

$150B

Total Funding Amount•

17,369

Number of Investors

M&A Details

Trust Wallet

was acquired by

Binance

Jul 31, 2018

. This deal was done in

Cash & Stock

Transaction Name
Trust Wallet acquired by Binance
Acquired by
Binance
Announced DateJul 31, 2018

Frequently Asked Questions

Where is

Trust Wallet

's headquarters?

Trust Wallet

is located in

Mountain View, California, United States

Who are

Trust Wallet

's competitors? Alternatives and possible competitors to

may include

,and

Unlock even more features with Crunchbase Pro

Start Your Free Trial

Stay Connected

Who We Are

What We Do

Helpful Links

Browse By: Organizations, People, Events

(0.1.15088 716)

As an enthusiast deeply immersed in the world of blockchain and cryptocurrency, my knowledge is not merely theoretical but backed by a wealth of practical understanding. I've actively followed the industry's developments, kept a close eye on emerging trends, and engaged with key players to stay abreast of the latest information. Now, let's delve into the concepts used in the provided article about Trust Wallet.

Organization Summary: Trust Wallet

Trust Wallet is a mobile wallet company specializing in Ethereum and ERC20/ERC223 tokens. It distinguishes itself by providing a fully security audited system, ensuring a robust platform for storing cryptocurrencies securely. The company's applications, tailored for iOS and Android, prioritize user experience and ease of use. Trust Wallet is headquartered in Mountain View, California, United States.

People: Founder and Executive Management

The company was founded in 2017 by Maxim Rasputin, reflecting the entrepreneurial spirit that led to the creation of Trust Wallet. The founder and executive management play a crucial role in steering the company's direction and strategy.

Technology: Mobile Wallet for Ethereum and ERC20/ERC223 Tokens

Trust Wallet's technology revolves around its mobile wallet, which supports Ethereum and ERC20/ERC223 tokens. The emphasis on security audits underscores the commitment to providing a trustworthy platform for users to store their cryptocurrencies. The development of applications for both iOS and Android showcases adaptability to a diverse user base.

Signals & News: Recent Developments and Media Coverage

Trust Wallet has been featured in recent news articles, highlighting its significance in the crypto space. Notable mentions include a strategy discussion in a crypto bear market (Coin Telegraph, Dec 4, 2023), insights into its plans in the UAE (Yahoo Finance, Dec 2, 2023), and the reporting of a Bitcoin node issue affecting user transactions (The Block Crypto, Nov 30, 2023). These signals indicate the company's active involvement in industry discussions and its response to challenges.

Similar Companies: Market Position and Competition

Identifying similar companies in the cryptocurrency space, such as The TIE, Hack VC, and PayBright, gives context to Trust Wallet's market position. Understanding competitors is crucial for assessing the company's strengths and differentiators.

About: Additional Information and Crunchbase Details

Trust Wallet's acquisition by Binance on Jul 31, 2018, in a Cash & Stock deal is a significant historical event. The company operates in the cryptocurrency, Ethereum, financial services, and FinTech industries, with its headquarters situated in the San Francisco Bay Area, Silicon Valley, and the West Coast.

In conclusion, Trust Wallet's journey from its foundation to acquisition, its technological focus on mobile wallets, recent signals in the media, and its positioning in the market collectively paint a comprehensive picture of the company's role in the dynamic cryptocurrency landscape.

FAQs

Who owns TrustWallet? ›

Trust Wallet is owned by Binance. It was acquired by Binance in 2018 and remains a self-custodial wallet. This means that users hold the keys to their cryptocurrency assets and have full control over their funds.

Read On ›

What is the profile of trust wallet? ›

Trust Wallet is a mobile cryptocurrency wallet that supports a wide range of digital assets. It offers features like decentralized exchange access, Web3 browser for DApps, and secure storage of cryptocurrencies. The wallet emphasizes user-friendliness and security, catering to both beginners and experienced users.

Discover More Details ›

Where is trustwallet headquarters? ›

Trust Wallet Frequently Asked Questions (FAQ)

Trust Wallet's headquarters is located at 156 2nd St, San Francisco.

Is Trust wallet in the USA? ›

Trust Wallet is located in Mountain View, California, United States .

See Details ›

What is the future of trust wallet? ›

Our most recent Trust Wallet Token price forecast indicates that its value will increase by 1.49% and reach $1.051364 by July 21, 2024. Our technical indicators signal about the Bearish Bullish 48% market sentiment on Trust Wallet Token, while the Fear & Greed Index is displaying a score of 60 (Greed).

Find Out More ›

Who is the new CEO of Trust wallet? ›

Eowyn C. - Trust Wallet | LinkedIn.

Tell Me More ›

Can a trust wallet be hacked? ›

Connecting your wallet with a third-party site (trusted or not) increases your vulnerability to phishing scams. This is especially common with iOS users who still use Wallet Connect to link their wallets to DApps.

Show Me More ›

Is TrustWallet legit? ›

Trust Wallet is considered safe due to its non-custodial nature, which means users have full control of their private keys and funds. If we were to name the pros of Trust Wallet, a wide range of supported assets and a user-friendly interface would certainly make it to the list.

Explore More ›

What is the secret phrase in trust wallet? ›

Your secret recovery phrase is the key to your wallet and controls access to all your crypto. A secret recovery phrase is a set of words that correspond to numbers. These numbers make up a seed integer that generates all of the private keys in your wallet. Each address for every crypto has its own private key.

How many users does Trustwallet have? ›

privacy. Our priority. Built-in risk monitoring tools, like our Security Scanner, help over 130 million Trust Wallet users safeguard their assets and avoid potential scams.

Show Me More ›

How old is Trust Wallet? ›

Located in California, Trust Wallet was founded by Viktor Radchenko in November 2017.

Read The Full Story ›

Who develops trust wallet? ›

Trust Wallet was founded in 2017 by Viktor Radchenko, a software developer with a vision to enhance the accessibility and security of cryptocurrency management.

See Details ›

Can IRS track trust wallet? ›

No, Trust Wallet transactions are not untraceable. While Trust Wallet itself does not report to the IRS, transactions on public blockchains are visible and can be traced. The IRS uses blockchain analysis tools to identify and track cryptocurrency transactions.

Get More Info Here ›

Who bought trust wallet? ›

In 2018, Trust Wallet was acquired by the largest cryptocurrency exchange Binance.

Is Trust wallet owned by Binance? ›

The wallet was acquired by Binance in 2018. Binance has since released its own Web3 wallet. "Trust Wallet is now a separate legal entity that is not part of the Binance group and operates independently from Binance.com," a Binance spokesperson said in an email.

Is trust wallet still safe? ›

View Details ›

Which company has trust wallet? ›

Who acquired Trust Wallet? Trust Wallet was acquired by Binance.

Who develops Trust wallet? ›

Trust Wallet was founded in 2017 by Viktor Radchenko, a software developer with a vision to enhance the accessibility and security of cryptocurrency management.

Learn More ›