{"id":8075,"date":"2025-01-16T16:00:45","date_gmt":"2025-01-16T16:00:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8075"},"modified":"2025-01-16T16:00:45","modified_gmt":"2025-01-16T16:00:45","slug":"crypto-firm-ctrl-wallet-up-for-sale-with-bids-due-by-the-end-of-the-month","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8075","title":{"rendered":"Crypto Firm Ctrl Wallet Up for Sale With Bids Due by the End of the Month"},"content":{"rendered":"<div>\n<p><a href=\"https:\/\/32980588.isolation.zscaler.com\/profile\/2332cf23-bc6a-418b-a941-f595d0e3ea25\/zia-session\/?controls_id=6bfe06f1-31a8-41d5-a9db-b13462f39e87&amp;region=lon&amp;tenant=cac35314c425&amp;user=17eade0c12952e6df0589eb769b505558531b5b0a79a0fa70751dd81babdad8b&amp;original_url=https%3A%2F%2Fctrl.xyz%2F&amp;key=sh-1&amp;hmac=75cf2386024452df5618e30024ba1607fa4614fd774a44aa9e99a804962344eb\" target=\"_blank\">Ctrl Wallet<\/a>, the multi-chain self-custody wallet solution is up for sale, the company&#8217;s CEO and founder Emile Dubie told CoinDesk in an exclusive interview.<\/p>\n<p>The sales process was triggered after the company received two M&amp;A approaches late last year, Dubie said. <\/p>\n<p>The wallet provider, formerly known as XDEFI, received a takeover offer from a crypto protocol and also an approach to merge with a large decentralized exchange (DEX).<\/p>\n<p>The business has subsequently engaged investment bankers to organise a sales process and Ctrl Wallet is being advised by Imperii Partners, Dubie added. <\/p>\n<p>An auction process is ongoing with bids due by Jan. 28., and a winning bidder is expected to be announced by Jan. 31.<\/p>\n<p>Ctrl Wallet currently has 650,000 users, with a goal to get to over 2 million by the end of the year, the CEO said.<\/p>\n<p>The firm&#8217;s main competitors are Coinbase Wallet, Binance&#8217;s Trust Wallet and OKX&#8217;s wallet. To be able to compete with these larger players the company needs a partner, someone who can invest in the business, Dubie said.<\/p>\n<p>The company raised money in 2021 at a valuation of $60 million.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ctrl Wallet, the multi-chain self-custody wallet solution is up for sale, the company&#8217;s CEO and founder Emile Dubie told CoinDesk in an exclusive interview. The sales process was triggered after the company received two M&amp;A approaches late last year, Dubie said. The wallet provider, formerly known as XDEFI, received a takeover offer from a crypto [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-8075","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8075"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8075\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}