Trust Wallet

Trust Wallet
DeveloperDApps Platform Software Services Ltd
Initial release2017
Operating systemiOS, Android, Google Chrome
PlatformMobile app, browser extension
TypeCryptocurrency wallet
LicenseProprietary, open-source
Websitetrustwallet.com

Trust Wallet is a multi‑chain, non‑custodial cryptocurrency wallet that allows users to store, send, and receive digital assets securely. Originally launched in 2017 as an Ethereum‑only mobile wallet, it supports multiple blockchain networks to access decentralized applications (DApps) and NFTs.[1][2]

History

Trust Wallet was founded in 2017 by Ukrainian developer Viktor Radchenko, a Ukrainian software developer with a background in cybersecurity and mobile applications. Radchenko led the company through its early development and the subsequent acquisition by Binance. He stepped down from his role in 2022 to pursue other ventures.[3]

In July 2018, Binance acquired Trust Wallet.[4][5][6]

Following Viktor Radchenko's departure in 2022, Eowyn Chen was appointed CEO of Trust Wallet.[7]

In December 2025, Trust Wallet Chrome extension was hacked, and as a result, users lost $7 million in funds due to seed phrase compromise.[8]

References

  1. ^ Gallaga, Omar L. "Playing With Crypto? You'll Need a Wallet (or Several)". Wired. ISSN 1059-1028. Retrieved September 9, 2025.
  2. ^ Ghosh, Suvashree (December 2, 2023). "Why Trust Wallet, the CZ-Owned Crypto App, Is Looking to the UAE". Bloomberg. Retrieved September 9, 2025.
  3. ^ "Earn a side income with Plus Wallet's Invite-to-Prosper program! Update on Trust Wallet CEO's plan & PayPal's crypto advancements". The Times of India. 2024-10-03. ISSN 0971-8257. Retrieved September 9, 2025.
  4. ^ Roberts, Jeff John. "Binance Acquires Trust Wallet in Push to Expand Crypto Services". Fortune Crypto. Retrieved 2025-09-15.
  5. ^ Katz, Lily (July 31, 2018). "Binance to Buy Crypto-Wallet Company in First-Ever Acquisition". Bloomberg. Retrieved September 9, 2025.
  6. ^ Russell, Jon (2018-07-31). "Crypto exchange Binance buys Trust Wallet in first acquisition deal". TechCrunch. Retrieved September 9, 2025.
  7. ^ "Apple iMessage sofort abschalten, warnt Trust Wallet". COMPUTER BILD (in German). 2024-10-23. Retrieved September 9, 2025.
  8. ^ Roth, Emma (December 26, 2025). "Hack drains $7 million in crypto from Binance's Trust Wallet". The Verge.
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