Internal Server Error

Unspendable Labs - About the company

Unspendable Labs is a seed company based in Dover (United States), founded in 2024 by Adam Krellenstein. It operates as a Developer of Bitcoin wallets. Unspendable Labs has raised $2.17M in funding. The company has 147 active competitors, including 18 funded and 7 that have exited. Its top competitors include companies like Aptos, Tokocrypto and Keplr.

Company Details

Developer of Bitcoin wallets. It also offers a block explorer solution.
Social
X
Key Metrics
Founded Year
2024
Location
Stage
Seed
Total Funding
$2.17M in 2 rounds
Latest Funding Round
Ranked
Similar Companies
Sign up to download Unspendable Labs' company profile

Unspendable Labs's funding and investors

Unspendable Labs has raised a total funding of $2.17M over 2 rounds. Its first funding round was on Jun 28, 2024.

Here is the list of recent funding rounds of Unspendable Labs:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 05, 2025
8459287
Seed
3679384
4278877
2155497
3708351
Jun 28, 2024
3034216
Seed
5459537
4685147
3028081
4515550
lockAccess funding benchmarks and valuations. Sign up today!

Unspendable Labs' founders and board of directors

Founder? Claim Profile
The founders of Unspendable Labs is Adam Krellenstein. Adam Krellenstein is the CEO of Unspendable Labs.
Here are the details of Unspendable Labs' key team members:
chrome_extension_cta_illustration
Access Tracxn on any website
Our Google Chrome extension lets you view company details while browsing their websites
Install Tracxn Extension

Unspendable Labs's Competitors and alternates

Top competitors of Unspendable Labs include Aptos, Tokocrypto and Keplr. Here is the list of Top 10 competitors of Unspendable Labs, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Aptos
Aptos
2021, Palo Alto (United States), Series D
Provider of protocols for building blockchain-based solutions
$350M
79/100
2nd
Logo for Tokocrypto
Tokocrypto
2017, Jakarta (Indonesia), Acquired
Wallet solution provider for cryptocurrencies
-
71/100
3rd
Logo for Keplr
Keplr
2016, United States, Seed
IBC-enabled wallet for the Interchain ecosystem
$5M
65/100
4th
Logo for zkSync
zkSync
2019, Cayman Islands, Funding Raised
Zeroknowledge proof rollup layer 2 platforms
-
61/100
5th
Logo for Leap Wallet
Leap Wallet
2021, Vancouver (Canada), Series A
Online platform offering a non-custodial wallet for crypto and NFTs
$3.2M
61/100
6th
Logo for Xverse
Xverse
2021, Hong Kong (China), Seed
Platform offering a Bitcoin wallet for web3
$9M
53/100
7th
Logo for Liquidity
Liquidity
2018, New York City (United States), Series A
Open source platform to build cross-chain wallets
$7M
51/100
8th
Logo for MyCrypto
MyCrypto
2017, Redondo Beach (United States), Acquired
Browser-based wallet for crypto transactions
$4M
45/100
9th
Crypto-focused browser-based wallet
-
-
45/100
10th
Logo for Zeal
Zeal
2018, London (United Kingdom), Seed
DeFi-based wallet for cryptocurrency earners
$9M
44/100
20th
Logo for Unspendable Labs
Unspendable Labs
2024, Dover (United States), Seed
Developer of Bitcoin wallets
$2.17M
-
34/100
lockGet insights and benchmarks for competitors of 2M+ companies! Sign up today!
Looking for more details on Unspendable Labs's competitors? Click here to see the top ones

Unspendable Labs's Investments and acquisitions

Unspendable Labs has made no investments or acquisitions yet.

Reports related to Unspendable Labs

Here is the latest report on Unspendable Labs's sector:

News related to Unspendable Labs

Media has covered Unspendable Labs for a total of 2 events in the last 1 year, 2 of them have been about company updates.
•
Kontor Protocol Brings Permanent File Storage to Bitcoin NFTsGlobeNewswire•Apr 17, 2026•Unspendable Labs
lockGet curated news about company updates, funding rounds, M&A deals and others. Sign up today!

FAQs about Unspendable Labs

Explore our recently published companies
Tracxn powers 1,000+ customers across 30+ countries
Accel PartnersPartechIN-Q-TEL - USFujitsuTenityStanford