TrustWallet Turns Profits, Adds Solana, Targets 1B Users

Eowyn Chen, CEO of TrustPockets, sat down for an interview throughout Token2049 Singapore on the essential occasion venue. She leads one of many crypto business’s most-used wallets globally with hundreds of thousands of energetic customers. Her imaginative and prescient extends past crypto-native customers to compete with conventional fintech giants like PayPal and Revolut.

Chen shared TrustPockets’s transformation from shedding eight-digit {dollars} yearly to reaching eight-digit income in 2024. She mentioned formidable plans, together with the Trust Moon accelerator, superior safety measures, and strategic blockchain integrations. She solely revealed TrustPockets’s upcoming Solana assist—the primary account abstraction function on non-EVM chains.

TrustPockets not too long ago unveiled a daring new roadmap to onboard 1 billion customers by 2030. Could you elaborate on the core methods or merchandise to realize this aim?

The core aim to make this achievable is to tackle greater challenges. For the subsequent 5 to 10 years, we’re going to compete not simply within the crypto world however with the FinTech world—that means I’m not taking a look at MetaMask or Phantom as opponents, however I’m taking a look at PayPal and Revolut. That would be the following territory for us as a crypto retail product. Once we enter that sort of competitors and territory, will probably be a one-billion-user-based competitors and alternative.

With the Trust Moon Web3 accelerator launch in partnership with Binance’s YZi Labs and AWS, how does TrustPockets plan to foster new developer and ecosystem improvements? What function do partnerships play on this technique?

Partnerships are very, crucial. YZi Labs, Binance, Plasm Chain, and totally different chain ecosystem companions, even AWS—all our companions, as a result of we serve tasks in numerous methods. AWS companies from the cloud and database features. But as a pockets, we’re the final mile for a mission to check their product market match and group acceptance with the customers. It takes a village to boost a baby. We’re making an attempt to take a village within the crypto business to boost a mission to allow them to develop higher. For TrustPockets, we give them the final mile user-facing steering and platforms—the showroom the place they’ll do a present. We’re pursuing increasing the partnership of the TrustPockets accelerator.

TrustPockets’s latest safety upgrades, like superior rip-off detection and transaction filters, set a brand new normal for pockets safety. What impression have these measures had, and the way does safety form your product imaginative and prescient?

Security is at all times the muse. When safety breaks, individuals really feel the ache and depart. The key has been to coach customers and make the suitable choice—bringing customers alongside in order that they know what they’re doing to forestall errors that fall into scams or hacks. Those prevented about 460 million tokens despatched to scammers yr so far up to now. People don’t know that almost all of cash misplaced was extra to scams, so it’s about serving to all people be extra securely conscious in an simply comprehensible, knowledgeable approach. For instance, clear signing means individuals can perceive what they’re interacting with—you’re sending to A and giving them limitless entry—so individuals could make knowledgeable selections. The token web page exhibits what safety suppliers say about dangers in inexperienced, orange, and crimson associated to focus or contract points.

TrustPockets now helps over 100 blockchains, together with many non-EVM chains. How has your method to blockchain integration developed, and the way do you stability breadth versus depth in such a multi-chain atmosphere?

We used to take a broader technique—at any time when chains got here in, we built-in with them. That was the belief between 2019 and 2023. But now it’s totally different. It’s powerful for any new chain to be the subsequent general-purpose Ethereum or Solana anymore—they want to determine their product market match technique earlier to go area of interest. We realized from integrating with 100 chains, and 90 of them don’t have traction or die. Now it’s not simply “as many as doable.” We will begin to choose and decide what we predict will in the end curiosity customers and may possible have successful price.

TrustPockets’s enterprise has reworked dramatically—from important losses in 2022-2023 to 8-digit income in 2024. How did you make this shift occur, and what does this imply for TrustPockets’s future?

When I first joined in 2022, we misplaced 8-digit {dollars} per yr. The technique was all about consumer progress, making an attempt to develop as huge as doable. But, for a enterprise, it was like, hey, we acquired a sugar daddy that may fund us, after which we have to develop greater to turn into youngsters. It’s like elevating a child—after they turn into youngsters, you educate them how you can stand on their very own ft, make higher selections, and survive. Between 2022 and 2023, it was about how we transition from the teenage years to be prepared to depart. In 2024, we earned 8-digit income in USD values. That’s why we will comfortably say TrustPockets is a superb participant within the Binance BNB Chain ecosystem.

In June 2025, TrustPockets launched tokenized US inventory and ETF buying and selling through a partnership with Ondo Finance. How does this suit your imaginative and prescient for a flexible, all-in-one crypto pockets platform, and what have you ever realized from this experiment up to now?

The thesis is fairly easy: if blockchain is in the end the monetary infrastructure, it doesn’t matter if it’s initially crypto or conventional monetary property. If it has worth, how will you use the blockchain infrastructure to be extra environment friendly, efficient, and accessible? I’d reasonably belief that TrustPockets as a platform provides individuals new alternatives on the forefront and permits tasks to check if they’ll have the product-market match.

You not too long ago introduced a brand new roadmap with TWT taking part in an integral function. What’s your imaginative and prescient for pockets tokens, particularly as opponents like MetaMask and Rabby introduce their very own tokens?

Two weeks in the past, we introduced the brand new roadmap, and TWT will play an integral half in tying all of the options collectively. The subsequent day, Joe Lubin was leaking that MetaMask can have a token, and Rabby was teasing that they may have a token in This autumn. We will begin a brand new pockets period, probably main with totally different tokens. Traditionally, wallets are seen as instruments, and never many industries can do decentralized front-end merchandise with efficient tokenomics. It can be fascinating to experiment with how you can merge Web2 loyalty reward applications with Web3 stakeholder pursuits and advantages. We will quickly assist Solana, the primary account abstraction function on non-EVMs.

The put up TrustWallet Turns Profits, Adds Solana, Targets 1B Users appeared first on BeInCrypto.