Trust Wallet CEO Eowyn Chen Discusses Future of Crypto Wallets with Evolving Role & Security Challenges

The global crypto wallet market, valued at USD 8.42 billion in 2022 by Grand View Research , is projected to grow at a compound annual growth rate (CAGR) of 24.8% from 2023 to 2030 .

The critical role of Web3 wallets in safeguarding digital assets further came into focus following the recent $1.5 billion hack of Bybit , exposing vulnerabilities in Web3 wallet infrastructure.

As wallets evolve, their role will go beyond transactions.

They will help users manage their digital lives effortlessly, making Web3 more accessible, intuitive, and secure for everyone.

Trust Wallet CEO Eowyn Chen says, “A lot of what you can do with web3 platforms like Trust Wallet overlaps with what exchanges have traditionally been known for. Buying and selling crypto, for example, is something users can do directly within Trust Wallet through our trusted partners—without needing to go through a centralized exchange.

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