Zengo

Founded in 2018 and headquartered in Tel Aviv, Israel, Zengo is a cryptocurrency wallet provider that offers a self-custodial solution without the vulnerabilities associated with traditional seed phrases. By leveraging Multi-Party Computation (MPC) technology, Zengo ensures that users maintain full control over their assets while benefiting from enhanced security measures. The wallet supports a wide range of cryptocurrencies and provides features such as buying, selling, swapping, and managing NFTs. Since its inception, Zengo has attracted over 1.5 million users globally and has maintained a zero-incident security record, with no reported hacks or unauthorized account access. In February 2025, the company received a strategic investment from Tether, aiming to bolster stablecoin adoption and expand its services across various blockchain ecosystems. Additionally, Zengo has introduced ‘Zengo Business,’ an on-chain treasury platform designed for enterprises, offering tools for secure crypto asset management, compliance, and operational efficiency. By combining user-friendly interfaces with cutting-edge security technologies, Zengo continues to position itself as a leading player in the cryptocurrency wallet industry.