Linen Wallet
Multiple signing keys backed a recoverable wallet
A mobile interface for managing self-custodied crypto assets through Safe multisignature wallets.
- Capital raised (announced)
Reported cumulative financing; individual rounds are only partially itemized.
Funding
| Round | Date | Announced | Investors |
|---|---|---|---|
| Seed financing | Unknown | ||
| Republic Crowd SAFE campaign | Unknown | Not disclosed |
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 |
|---|---|---|---|---|
| Vitaly Bahachuk | — | Not established | Oct 2026 | |
| Alex Bazhanau | — | Founder, AFR Foundation | Oct 2026 |
Timeline
30 November 2023
The notice said the app, email and chat support would stop after this date. It explained that other interfaces could still manage the underlying Safe wallets.
How it ended
The Linen team cited weaker demand from individual crypto users and regulatory uncertainty. It said it would wind down the company and return remaining capital to investors; no completed return is established.
Still alive
Open spot
Linen Wallet is gone. Is your wallet still running?
Spotlight your project here.
Sources
5 sources behind this page.
- 1Alex Bazhanau: professional biography · Alex Bazhanau
- 2Linen Wallet wind-down announcement · Linen Wallet · Oct 2023
- 3Linen Wallet account identity · Linen Wallet via twitterapi.io
- 4Linen Wallet company profile and funding · PitchBook · user-editable
- 5Linen equity crowdfunding campaign · Republic
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.