Product Review

Beluga Review: Kresus Wallet

By Will McKinnon Updated  June 30, 2025

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Summary

  • Founded in 2022 by experienced entrepreneur Trevor Traina, Kresus has raised $25M from well-known investors like Ripple, Solana, JetBlue Ventures, Franklin Templeton, Marc Benioff, The Winklevoss twins and more to build out their vision of the future of crypto wallets.
  • All you need to make your account is an email address, and you're ready to trade and hold crypto.
  • From the app you're able to send/receive crypto, hold NFTs, trade coins, and earn yield on certain assets.

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Kresus is a crypto wallet and "Web3 SuperApp" designed to make the crypto experience, from onboarding to trading, easier and more streamlined. Founded in 2022 by Trevor Traina, Kresus has raised $25M from an all star team of investors including Ripple, Solana, JetBlue Ventures, Franklin Templeton, Craft Ventures, Marc Benioff, The Winklevoss twins and more to build out their vision of the future of crypto wallets. Kresus is non-custodial with a built-in recovery process, so users can never get locked out even if they lose access to their email accounts.

Pros & Cons
Kresus Pro offers insurance on up to $10k of assets along with up to 350 gasless transactions per month
Easy setup process, even for crypto beginners
Kresus mobile app allows you to send, receive, trade or earn on your crypto assets all from the same place
Native account abstraction through ERC-4337 means your wallet has no private key, eliminating a major possible vulnerability for users
Earn platform offers high yield on Solana and USDC
Automatically tracks top traders to show you what they're buying
Limited chain support with plans to add Bitcoin and Ethereum this year
Only mobile interface, no website to access your wallet through
Risks associated with earn program are unclear to user
Beluga Review

The Kresus wallet has largely flown under the radar since their launch, however is making a comeback with their recent integration with World Coin. The app itself is very easy to setup, as all you need is an email address and you're good to go. On sign up, all users are given a free Unstoppable Domain name which allows you to send and receive crypto from a named address, rather than a confusingly-long set of letters and numbers. If you're relatively new to crypto, this can be a great option to get started. From the app you're able to send/receive crypto, hold NFTs, trade coins, and earn yield on certain assets. It's also noncustodial due to their native ERC-4337 integration which enables account abstraction. In simple terms, this allows a wallet to be controlled by something else, without requiring a private key.

Its main limitation is of course the lack of support for many major chains like Ethereum and Bitcoin, with rollouts for these chains expected later this year. Both of those tokens have versions of them available within the app, however holding wrapped assets introduces a number of risks not associated with the native tokens. In addition, while the Earn platform can earn high yield, it's done by depositing to Jupiter's liquidity provision pool (JLP) which carries higher risks than a typical stake-to-earn program, and also means only USDC on Solana or SOL is eligible to earn.

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