Decrypted Labs
Crypto Wallet2 min read

Degen Forest: Bank-Grade Multi-Chain Wallet

A bank-grade multi-chain wallet built for the next billion crypto users.

Start a project
Degen Forest case study
$3M+
Raised in early funding
8+
Blockchains integrated
200+
Digital assets supported
4.8/5
Average user rating
Industry
Fintech / Web3
Region
Brazil
Objective
Create a bank-grade crypto wallet and DAO with seamless fiat ↔ crypto transfers.

Executive summary

Degen Forest set out to give everyday users a virtual bank experience for crypto, where buying, storing, staking and transferring digital assets is as simple as checking a bank balance. We built a non-custodial wallet across 8+ blockchains and 200+ assets, with a Bank of Brazil fiat on/off-ramp.

Challenges and objectives

Mainstream users were stuck switching between crypto apps, while multi-chain integration and compliance kept pushing the launch back.

  1. 01

    Disjointed user journeys

    Separate apps for buying, staking and transferring assets.

  2. 02

    Multi-chain and fiat integration

    Connecting several blockchains and fiat-to-crypto conversion was delaying launch.

  3. 03

    Compliance and security

    KYC/AML, non-custodial keys and fraud monitoring added complexity to every flow.

The solution

We designed and built one wallet for every step: buy, store, stake, swap and send across 8+ chains and 200+ assets. KYC and the Bank of Brazil fiat ramp sit inside onboarding, keys stay non-custodial, and fraud monitoring runs in the background. Users completed KYC and their first purchase 35% faster than the industry average.

Products designed

Degen Forest product design 1
Degen Forest product design 2

Building a crypto wallet or DeFi app?

We design and build multi-chain wallets with compliance built in from day one.