Last updated 3 months ago
Ctrl Wallet has 500,000+ users on Bitcoin, Ethereum, and Solana, yet few use Cardano. Migration is cumbersome, requiring exchanges, extra wallets, and new interfaces, blocking adoption.
We will eliminate complexity with a single interface, enabling two-click transfers from BTC, ETH, or SOL into ADA. Inside Ctrl Wallet, users access staking, ramps, and dApps.
This is the total amount allocated to Bringing Multi-Chain Users From Ctrl Wallet Into Cardano.
NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here
Please provide your proposal title
Bringing Multi-Chain Users From Ctrl Wallet Into Cardano
Enter the amount of funding you are requesting in ADA
475000
Please specify how many months you expect your project to last
6
Please indicate if your proposal has been auto-translated
No
Original Language
en
What is the problem you want to solve?
Ctrl Wallet has 500,000+ users on Bitcoin, Ethereum, and Solana, yet few use Cardano. Migration is cumbersome, requiring exchanges, extra wallets, and new interfaces, blocking adoption.
Supporting links
Does your project have any dependencies on other organizations, technical or otherwise?
Yes
Describe any dependencies or write 'No dependencies'
Cross-chain bridge: Integration with NEAR Intents or THORChain for BTC/ETH/SOL to ADA bridging. Ecosystem partners: Collaboration with dApps, SPOs, and issuers to ensure adoption.
Will your project's outputs be fully open source?
No
License and Additional Information
Ctrl Wallet is partially open source but we can make the code available if needed.
Please choose the most relevant theme and tag related to the outcomes of your proposal
Cross-chain
Describe your established collaborations.
We are in touch with the NEAR team and we also maintain a strong relationship with LiFi, currently integrating NEAR intents solution.
We have long-standing collaborations with THORChain and SwapKit, which are respectively planning to add $ADA natively and integrating NEAR intents solution.
We have started discussions with several Cardano dApps, SPOs, stablecoin issuers (USDA), and on/off-ramp providers (Encryptus, Moonpay), ensuring readiness for integration.
Describe funding commitments.
Ctrl Wallet, backed by three funding rounds from VCs, angels, and an IDO, has been operating for five years. We will commit senior engineering, product, and design resources to ensure delivery, and allocate revenues for long-term maintenance and marketing of Cardano features.
Catalyst funding is requested to accelerate integration, with detailed requirements set out in the Budget and Cost section.
Describe your key performance metrics.
Milestone 1: Staking & Name Resolver
≈1,000,000 ADA staked within 3 months
Milestone 2: Cardano Access
≥10,000 Cardano wallets created within 2 months
≥6 dApps integrated and tested
Milestone 3: On/Off Ramps
≥2 on/off ramp providers live
Milestone 4: Interoperability & Optimization
≥10,000 new Cardano wallets via migration within 3 months
≥2.5m ADA bridged from BTC/ETH/SOL within 6 months
Public dashboard with usage, staking, governance, migration volumes
QA reports published at each release
Please describe your proposed solution and how it addresses the problem
Ctrl Wallet serves over ~500,000 active users across Bitcoin, Ethereum, Solana, and other major ecosystems. These users are not currently using Cardano.
Why? Because for users who are not already in Cardano, migrating is complicated and lengthy. Today, a typical user has to:
Send BTC, ETH, SOL, or other assets to a centralised exchange.
Sell those assets for ADA or Cardano-native tokens.
Transfer them into a Cardano-compatible wallet.
Learn a completely new interface before they can stake, use dApps, or participate in governance.
There’s friction at every step, and it kills migration.
We want to eliminate all of this complexity with one single interface, making it as simple as two clicks to move funds from BTC, ETH, SOL, or other chains directly into ADA or Cardano-native assets, without leaving Ctrl Wallet.
Once users arrive, they’ll find everything they need inside the wallet: staking, on/off ramps, dApp connectors and more. This is not just onboarding, it’s a complete migration pathway designed to make Cardano adoption effortless.
As part of a longer-term ambition to strategically partner with Cardano’s ecosystem, we intend to capture governance, as well as support for native stablecoins, such as USDM/USDA, at a later date. In the interest of roadmap sequencing and respecting the Catalyst process, we intend to scope that in a future proposal.
Please define the positive impact your project will have on the wider Cardano community
We will develop and launch the fastest, easiest way to bring users to Cardano’s dApps, SPOs and stablecoins from any major chain, combined with a complete Cardano feature suite inside Ctrl Wallet.
Core components:
NEAR Intents integration (or THORChain) as the primary migration bridge, enabling one-click swaps from BTC, ETH, or SOL into ADA and Cardano-native assets.
Staking — native ADA staking directly in-wallet, with clear APY and rewards tracking.
On/Off ramps — fiat-to-ADA and ADA-to-fiat flows for global users.
dApp connectors — frictionless access to Cardano dApps, including DeFi, NFTs, and gaming.
What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?
This proposal directly meets the Cardano Use Cases, Partners, and Products challenge by:
Bringing scale — targeting 500k+ Ctrl Wallet users with a structured migration campaign.
Removing the hardest barrier — no need for a centralised exchange or multiple wallets.
Driving immediate usage — making Cardano’s core functions available immediately after migration.
Building long-term value — keeping users in Cardano with a full in-wallet experience.
Complementary Catalyst Proposal: In the interest of transparency, Ctrl is also submitting a proposal (“Discover Cardano with Ctrl Wallet – Short Video Series”) to produce 5 short, high-impact videos promoting Cardano features inside Ctrl (Gas Tank, dApp connections, portfolio view, on/off ramps, hardware wallets). This campaign will educate and engage 500k+ Ctrl users across Twitter and Discord, driving visibility and adoption of the new Cardano integrations funded through this proposal.
Milestone Title
Staking & Asset Transfer
Milestone Outputs
Native ADA staking module integrated into CTRL Wallet, enabling users to delegate ADA seamlessly and earn rewards directly. ADA Handle name resolver added to simplify complex Cardano blockchain addresses into simple, human-readable names for easier use.
Acceptance Criteria
At least 1,000,000 ADA successfully staked through CTRL Wallet with rewards distributed correctly, staking UI fully live and accessible to all users, and ADA Handle name resolver fully functional on Cardano mainnet and testnet environments.
Evidence of Completion
On-chain staking data showing delegated ADA and distributed rewards, user interface demonstration video confirming staking functionality, detailed QA testing reports, and explorer links verifying ADA Handle name resolver operations on Cardano.
Delivery Month
2
Cost
145000
Progress
30 %
Milestone Title
Cardano Access
Milestone Outputs
Integration of dApp connectors (CIP-30, CIP-8, CIP-95) within CTRL Wallet to enable seamless and secure interaction with Cardano dApps. Connectors tested successfully across major DeFi, NFT, and utility apps to validate compatibility and reliability.
Acceptance Criteria
At least 10,000 unique Cardano wallets created and actively functioning within CTRL Wallet, with a minimum of 6 decentralized applications successfully connected and tested to ensure smooth interaction, compatibility, and stable performance.
Evidence of Completion
Comprehensive QA testing completed with major Cardano dApps including Minswap, SundaeSwap, and Indigo. On-chain wallet usage data collected and verified, demonstrating successful connections, stable performance, and reliable transaction execution.
Delivery Month
3
Cost
45000
Progress
40 %
Milestone Title
On/Off Ramps
Milestone Outputs
Integration of fiat on/off ramps such as MoonPay, Ramp, Banxa or similar providers directly into CTRL Wallet, enabling users to securely buy and sell crypto with local currencies, offering seamless entry and exit points to the ecosystem.
Acceptance Criteria
At least two fiat on/off ramp providers successfully integrated and live in CTRL Wallet production environment, enabling users to purchase and sell crypto with local currencies. End-to-end flows tested and confirmed operational.
Evidence of Completion
Signed confirmation from integrated fiat partners, visible live integration within CTRL Wallet interface, completed QA reports, and successful transaction records demonstrating operational buy and sell flows in production
Delivery Month
4
Cost
20000
Progress
60 %
Milestone Title
Interoperability & Optimization
Milestone Outputs
Integration of a cross-chain bridge using NEAR Intents or THORChain within CTRL Wallet, enabling seamless token transfers across chains, combined with an analytics dashboard to track volume, fees, and user activity in real time.
Acceptance Criteria
At least 10,000 new wallets created within CTRL Wallet, a minimum of 2.5 million ADA successfully bridged across supported chains, and comprehensive QA reports published verifying cross-chain transfers, stability, and dashboard accuracy.
Evidence of Completion
On-chain bridge transaction data confirming 2.5M ADA transfers, functional analytics dashboard displaying wallet growth, volume and fees, and published QA testing reports verifying stability, accuracy, and successful cross-chain operations.
Delivery Month
6
Cost
265000
Progress
100 %
Please provide a cost breakdown of the proposed work and resources
Total Estimated Cost: 475,000 ADA
Team Composition:
3 Full-Stack Engineers (Frontend + Backend)
2 QA Engineer
1 Product Manager
1 Product Designer
MILESTONE 1: Staking & Name Resolver
Estimated Cost: 145,000 ADA
Staking Module (Basic)
Cost: 100,000 ADA
Duration: 1–2 months
Transfer Native Assets + Name Resolver (ADA Handle)
Cost: 45,000 ADA
Duration: 1–2 months
MILESTONE 2: Cardano Access
Estimated Cost: 45,000 ADA
dApp Connectors (CIP-30 & Wallet API Support)
Cost: 45,000 ADA
Duration: 1-2 months
MILESTONE 3: On/Off Ramps
Estimated Cost: 20,000 ADA
On/Off Ramp Integration (Cardano-Specific)
Cost: 20,000 ADA
Duration: 1–2 months
MILESTONE 4: Interoperability & Optimization
Estimated Cost: 285,000 ADA
NEAR Intents Migration Bridge (or THORChain)
Cost: 250,000 ADA
Duration: 4–6 months
QA, Analytics & Reporting
Cost: 35,000 ADA
Duration: Continuous
How does the cost of the project represent value for the Cardano ecosystem?
The proposed budget represents excellent value for the Cardano ecosystem given the scale of adoption it will unlock. Ctrl Wallet already serves over 500,000 active users across Bitcoin, Ethereum, Solana, and other major chains. With Catalyst support, we will remove the biggest friction point holding these users back from engaging with Cardano: the cumbersome on-chain bridging process.
By integrating a seamless cross-chain bridging pathway (via NEAR Intents or THORChain) and combining it with a complete in-wallet Cardano feature suites, which includes staking, dApp connectors, and on/off ramps, we will make Cardano adoption effortless and sticky.
Ultimately, our ambition is to incorporate governance and support for USDM/USDA, to not only bring more users to Cardano’s dApps but also active engagement in governance.
Scale of Impact
The project targets a minimum of 20,000 new Cardano users migrating through Ctrl Wallet within months of launch.
At a total cost of 475,000 ADA, this equates to an acquisition cost of ~24 ADA per user.
By comparison, industry-standard user acquisition costs in Web3 are significantly higher, often exceeding $50–$100 per active user.
Each of these users will not just enter Cardano but immediately gain access to staking, stablecoins, DeFi, and SPOs, making them far more likely to remain long-term ecosystem participants.
This represents a step-change in adoption: instead of incremental growth, Cardano gains tens of thousands of engaged users from other chains in one integrated migration flow.
Terms and Conditions:
Yes
We have identified the best team members from the Ctrl Wallet team to lead this project. The group includes three Full-Stack Engineers (Frontend + Backend), two QA Engineers, one Product Manager, and one Product Designer.
All are senior contributors who have worked together for years and were instrumental in building Ctrl Wallet, which was the first multi-chain wallet extension and the self-custody wallet with the widest chain support in the industry.