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Trust Wallet is a multi‑chain, non‑custodial cryptocurrency wallet that allows users to store, send, receive, and manage digital assets across more than 100 blockchain networks. Available as a mobile app for iOS and Android and as a browser extension, the wallet supports decentralized finance (DeFi), NFTs, crypto staking, token swapping, and access to decentralized applications (dApps). As of 2025, Trust Wallet reported more than 220 million users worldwide.[1] The wallet is non-custodial, meaning users retain full control of their private keys and seed phrases at all times.[2][3]

History

Trust Wallet was founded in 2017 by Ukrainian developer Viktor Radchenko, a software developer with a background in cybersecurity and mobile applications.[4] The wallet was initially developed for storing ERC-20 and ERC-223 tokens on the Ethereum blockchain. As the cryptocurrency ecosystem grew, Trust Wallet added support for additional blockchains and digital assets, including Solana, NFTs, and allowed users to interact with decentralized applications.[5]

In July 2018, Binance acquired Trust Wallet in its first-ever acquisition.[6][7][8][4]

In 2022, Radchenko stepped down from his role to pursue other ventures.[4] Following his departure, Eowyn Chen was appointed CEO of Trust Wallet.[9]

Features

Supported blockchains

Trust Wallet supports more than 100 blockchain networks natively within a single application, including Ethereum, BNB Chain, Bitcoin, Solana, Polygon, Avalanche, Tron, and Cosmos, without requiring manual network configuration.[10] The wallet also supports more than 10 million digital assets across these networks.[citation needed]

Token swapping

Trust Wallet provides in-app token swapping through integrations with third-party decentralized exchange (DEX) aggregators, including 1inch, ThorChain, and Axelar.[citation needed] Trust Wallet does not charge a platform fee for swaps; users pay network gas fees and any fees set by the third-party provider.[citation needed]

Buying cryptocurrency

Users can purchase cryptocurrency within the app using fiat currency through partnerships with third-party on-ramp providers. Supported payment methods include credit cards, debit cards, and bank transfers, with availability in more than 180 countries.[citation needed]

AI and automation

In 2025, Trust Wallet introduced the Trust Wallet Agent Kit (TWAK), a toolkit designed to enable artificial intelligence agents to execute cryptocurrency transactions across multiple blockchains.[1]

Staking

Trust Wallet allows users to stake proof-of-stake assets directly within the app and earn rewards. Supported assets include ETH, BNB, SOL, ADA, and TRX, among others.[citation needed]

Non-fungible tokens

The wallet supports the storage, display, and transfer of non-fungible tokens (NFTs) across multiple blockchains, including Ethereum, BNB Chain, Solana, and Polygon.[citation needed]

Browser extension

Trust Wallet is available as a browser extension for Google Chrome, Brave, Firefox, and Microsoft Edge, enabling users to connect to Web3 dApps from a desktop browser.[citation needed]

Technology

Wallet Core

Trust Wallet’s cryptographic key management is built on Wallet Core, an open-source library released under the MIT License and maintained publicly on GitHub.[11] Wallet Core handles private key generation, transaction signing, and address derivation across supported blockchains, and is also used by third-party developers building multi-chain applications.[citation needed]

Security model

Trust Wallet uses a non-custodial architecture in which private keys and seed phrases are generated and stored locally on the user’s device and are never transmitted to Trust Wallet’s servers.[citation needed] The application supports biometric authentication and PIN-based access control. The Wallet Core library has undergone independent third-party security audits.[12]

References

  1. ^ a b Bambysheva, Nina (March 26, 2026). “CZ-Owned Trust Wallet Now Offers Crypto Trading AI Agents To Its 220 Million Global Users”. Forbes. Retrieved April 14, 2026.
  2. ^ Gallaga, Omar L. “Playing With Crypto? You’ll Need a Wallet (or Several)”. Wired. ISSN 1059-1028. Retrieved September 9, 2025.
  3. ^ Ghosh, Suvashree (December 2, 2023). “Why Trust Wallet, the CZ-Owned Crypto App, Is Looking to the UAE”. Bloomberg. Retrieved September 9, 2025.
  4. ^ a b c “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.
  5. ^ Leech, Jordan. “What is Trust wallet?”. The Block. Retrieved 2026-03-09.
  6. ^ Roberts, Jeff John. “Binance Acquires Trust Wallet in Push to Expand Crypto Services”. Fortune Crypto. Retrieved 2025-09-15.
  7. ^ Katz, Lily (July 31, 2018). “Binance to Buy Crypto-Wallet Company in First-Ever Acquisition”. Bloomberg. Retrieved September 9, 2025.
  8. ^ Russell, Jon (2018-07-31). “Crypto exchange Binance buys Trust Wallet in first acquisition deal”. TechCrunch. Retrieved September 9, 2025.
  9. ^ “Apple iMessage sofort abschalten, warnt Trust Wallet”. COMPUTER BILD (in German). 2024-10-23. Retrieved September 9, 2025.
  10. ^ Aziz, Ayesha. “Trust Wallet Launches AI Toolkit To Execute Crypto Trades Automatically | CoinMarketCap”. CoinMarketCap Academy. Retrieved 2026-04-14.
  11. ^ “Trust Wallet Core”. GitHub. Retrieved 2026-04-07.
  12. ^ “Trust Wallet Hack Explained: Browser Extension Compromise and Security Risks”. Reflectiz. 2024-02-20. Retrieved 2026-05-07.