Company Profile
| Parent Company | Binance (acquired in 2018, operates as independent subsidiary) |
|---|---|
| Ownership | Private (wholly-owned subsidiary of Binance) |
| Headquarters | San Francisco, USA (listed address); Dubai, UAE (CEO location) |
| Founded | 2017 |
| Founders | Viktor Radchenko |
| CEO / Leadership | Eowyn Chen (CEO) |
| Employees | ~200-500 |
Funding and Valuation
| Funding | No external VC funding rounds identified; acquired by Binance in 2018 (amount undisclosed); TWT token launched 2020 with no fundraising via community airdrop |
|---|---|
| Revenue / Valuation | Revenue: ~$9M annualized (DefiLlama); 105% YoY growth in 2025; TWT market cap ~$217M (Mar 2026) |
Licensing and Regulation
US (SEC) no specific gaming/crypto oper...
ISO/IEC 27001:2022 (Information Security Management), ISO/IEC 27701:2019 (Privacy Management) / no specific gaming/crypto operating licenses found
Native Token
TWT (Trust Wallet Token, BEP-20 on BNB Chain)
Regulatory History
None major identified
not banned in US as non-custodial wallet
complies with international sanctions lists per ToS
Security Track Record
- Dec 2025: Malicious Chrome extension v2.68 led to ~$7-8.5M user losses (supply chain attack)
- Trust Wallet committed to reimbursements
| Proof of Reserves | Not applicable (non-custodial wallet; users control funds) |
|---|
Sister Brands
Operates within Binance ecosystem (e.g., Binance Connect integration)no other sister brands
Key Events
2017
Founded
2018
Acquired by Binance
2020
TWT launched
2024
ISO certifications
2025
220M+ users, 105% revenue growth, security scanner prevented $191M scams
Dec 2025: Chrome extension hack