Case Study: CoinStats achieves 700K+ wallet onboarding with Venly Wallet API

CoinStats onboarded 700K users in 18 months with Venly

CoinStats, a leading crypto portfolio manager, faced challenges with user onboarding and accessibility due to the complexity of requiring sophisticated web3 tools like MetaMask. This high friction was limiting their growth and reach, so they partnered with Venly to integrate their Wallet API for a more user-friendly solution.

Venly implemented its white-label Wallet API with social media authentication to simplify the onboarding process and create a more intuitive experience. This solution successfully onboarded over 700,000 users in 18 months, creating more than 40,000 new wallets per month and significantly expanding CoinStats' user base and engagement.

CoinStats