Trust Wallet announces the appointment of Felix Fan as CEO, overseeing global product strategy, ecosystem expansion, and development planning. Former CEO Eowyn Chen announced the completion of a 4-year term and stepped down. Eowyn stated that during her tenure, Trust Wallet's user base grew from 40 million to 230 million, and annual operations shifted from a loss of about $10 million to nearly $10 million in revenue; regarding recent security incidents, approximately 50% has been compensated to verified victims within 4 weeks.
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Trust Wallet announces the appointment of Felix Fan as CEO, overseeing global product strategy, ecosystem expansion, and development planning. Former CEO Eowyn Chen announced the completion of a 4-year term and stepped down. Eowyn stated that during her tenure, Trust Wallet's user base grew from 40 million to 230 million, and annual operations shifted from a loss of about $10 million to nearly $10 million in revenue; regarding recent security incidents, approximately 50% has been compensated to verified victims within 4 weeks.