Ctrl Wallet (formerly XDEFI Wallet)
Taken over by a Cardano company in April, switched off in August
A browser-extension and mobile self-custody wallet, launched as XDEFI Wallet and later renamed Ctrl, that let one wallet hold and swap assets across thousands of blockchains.
- Capital raised (announced)
Recorded announced backing; this is separate from cash received, customer deposits and money recovered.
- Public token sale proceeds
- Estimated
Company-reported two-phase XDEFI public sale, November 2021; separate from equity backing and not reconciled on-chain.
Funding
| Round | Date | Announced | Investors |
|---|---|---|---|
| Venture round | 2021 |
Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.
People
| Name | Role | Period | Now | Last checked |
|---|---|---|---|---|
| Emile Dubié | — | Unknown | — |
Timeline
July 2020
Introduced in the third quarter of 2020, per a September 2021 report.
29 September 2021
The company reported about 20,000 beta users and planned integrations with THORChain, Ethereum, Terra and Solana.
18 November 2021
The company said the funds would go to a mobile app, web app, cross-chain API and an in-wallet exchange aggregator.
July 2024
29 April 2026
Its technology was to continue inside EMURGO's SecondFi wallet.
23 June 2026
Parts of the platform were put into maintenance mode.
7 July 2026
The app and browser extensions were pulled from stores.
3 August 2026
How it ended
Weeks after disclosing a security incident affecting some Cardano wallets on 23 June 2026, Ctrl Wallet told users on 7 July that it would shut down. From 3 August 2026 sending, receiving, swapping and dApp connections stopped, leaving only recovery-phrase export, and the company said there would be no migration token, airdrop, refund or compensation. The wallet had come under EMURGO's ownership that April.
Still alive
Open spot
Ctrl Wallet (formerly XDEFI Wallet) is gone. Is your wallet still running?
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Sources
7 sources behind this page.
- 1Ctrl Wallet to shut weeks after security exploit · Cointelegraph · Jul 2026
- 2Ctrl Wallet to shut down after June security exploit, users urged to withdraw assets by August 3 · Crypto Briefing · Jul 2026
- 3Ctrl Wallet shuts down after exploit, urges users to move funds · crypto.news · Jul 2026
- 4EMURGO Expands Cardano Ecosystem by Acquiring Ctrl Wallet, ADA Rises · CryptoNewsZ (republished on cryptonews.net) · Apr 2026
- 5XDEFI Wallet announces $6M funding round to scale next-gen DeFi wallet · Invezz · Sep 2021
- 6XDEFI Secures $19 Million on IDO, Launches Liquidity Initiative on Sushi · U.Today · Nov 2021
- 7XDEFI Secures $6 Million in Funding, Teases DeFi-Era Wallet Release · U.Today · Sep 2021
Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.