Eowyn Chen is a technology executive who served as CEO of Trust Wallet from 2022 until stepping down in February 2026, growing the self-custody wallet from 40 million to 230 million users during her tenure. She previously held senior corporate development and marketing leadership roles at Binance and is currently the exchange’s CMO on an interim basis.

Who Is Eowyn Chen?

Eowyn Chen grew up in China before moving to the United States, an experience that shaped her early interest in how digital transformation reshapes industries and empowers individuals.

Her parents named her after the character Éowyn in J.R.R. Tolkien’s The Lord of the Rings. She graduated Cum Laude from Harvard University with a degree in History and a secondary field in Economics, describing herself as a “science-minded history concentrator” focused on the fundamental principles behind human behavior and financial systems. During this period, she also served as a CBDB Research Fellow at Harvard’s Institute for Quantitative Social Science under Vice Provost Peter Bol.

Chen began her career as a management consultant at Oliver Wyman in New York, working in the firm’s financial services practice across several roles from 2011 to 2017, including as a summer consultant and later senior consultant. 

She then moved into consumer technology, serving as Senior Country Manager for the US market at Musical.ly, the short-form video app that later became TikTok, and held roles at Ofo and ViaBTC before joining Binance in 2018.

For profiles of other builders shaping the Web3 industry, visit our crypto personalities page.

Eowyn Chen’s Career and Contributions

Chen joined Binance in 2018 during a bear market, a period she has said she found compelling because it was a time when “real builders stay.” She began as special assistant to one of Binance’s co-founders before building out the company’s corporate development function, serving as Director and later Vice President of Corporate Development, where she was involved in more than 30 of Binance’s key investments and acquisitions, including CoinMarketCap, DappReview, and Trust Wallet itself in 2018. 

In November 2021, she was appointed Head of Binance Labs, managing a multi-billion-dollar portfolio of more than 200 projects, while concurrently building Binance’s central marketing team and rising to Vice President of Marketing and Growth, helping scale the platform’s user base from roughly 10 million to over 100 million.

In May 2022, Chen was appointed CEO of Trust Wallet, succeeding founder Viktor Radchenko, with a mandate to evolve the platform from a foundational crypto wallet into a comprehensive Web3 gateway. 

Under her leadership, Trust Wallet launched a Browser Extension expanding the platform beyond mobile, began developing Wallet as a Service infrastructure for businesses and app developers, and introduced Trust Wallet SWIFT, a smart contract-based wallet built on Account Abstraction that supported one-click transactions, social recovery, and gas fees payable in more than 200 different tokens. Security work included bug bounty programs, a Security Scanner tool for risky transactions, and the open-source release of Wallet Core, a core library for wallet creation and management. In 2025, CoinDesk recognized her as one of its Top 50 Women in Web3 and AI.

On February 11, 2026, Chen announced on X that she was stepping down as CEO after a four-year tenure, following her final public appearance in that role at Consensus Hong Kong. During her time as CEO, Trust Wallet’s user base grew from 40 million to 230 million, the company moved from roughly $10 million in annual losses to near eight-figure revenue in its most recent year, and mobile active user market share rose from 15% to just under 30%. 

She noted the company had rolled out six utilities for the Trust Wallet Token in its first phase and addressed a recent security incident, stating roughly half of verified victims had been reimbursed within four weeks. Felix Fan, whom Chen described as an experienced product leader, succeeded her as CEO.

Eowyn Chen’s Views and Positions

Chen has described self-custody as a “fundamental human right” and a form of “empowering yet responsible freedom,” a view she says became more central to her public advocacy following the collapse of centralized platforms like FTX in late 2022, which she has argued demonstrates how self-custody reduces counterparty risk. 

Her strategy for driving Web3 adoption centered on what she called “mass adoption through simplification.” In one interview, she said: “To get the one billion users in web3, we definitely need to face the challenges… The first thing is to make crypto easy. It’s too complex at this moment.” She has also said, “True ownership is key. When you truly own your assets, you own your identity, and your data.” Readers interested in how self-custody wallets work more broadly can find context in our wallets guide.

Chen’s crypto journey traces back to an early experience at Binance, when Trust Wallet founder Viktor Radchenko sent her cryptocurrency directly to a self-custody wallet, an experience she has described as a “lightbulb moment” that shaped her later focus on decentralization. 

In later interviews, she framed Trust Wallet’s role as providing infrastructure for self-custody and multi-chain interaction, emphasizing secure key management and reducing complexity for users with varying technical familiarity, while describing broader Web3 concepts like decentralized data ownership as still dependent on further experimentation and industry-wide coordination rather than near-term reality.

Eowyn Chen’s Net Worth in 2026

No reliable net worth figure for Eowyn Chen is publicly available. She is estimated to be worth $120 million or more, based on unspecified public filings and industry compensation benchmarks, but she explicitly states that it is an independently created profile rather than an official one. Given how wide that range is, spanning from effectively nothing to over $120 million, it should be read as an acknowledgment of uncertainty rather than a meaningful estimate.

Frequently Asked Questions

Need a refresher? Here are the questions readers most often ask about Eowyn Chen.

Who is the current CEO of Trust Wallet?

Eowyn Chen stepped down as CEO of Trust Wallet on February 11, 2026, after a four-year tenure. Felix Fan, whom Chen described as an experienced product leader, succeeded her in the role.

Why did Eowyn Chen step down as CEO of Trust Wallet?

Chen said leadership transition planning had been underway for several months before her February 2026 announcement, which followed a security incident affecting the platform. She framed her departure as the start of a new chapter within the broader blockchain ecosystem without disclosing specific next steps.

What is Eowyn Chen’s philosophy on self-custody?

Chen has described self-custody as a fundamental human right and a form of empowering yet responsible freedom, a position she says grew more central to her public advocacy after the 2022 collapse of centralized platforms like FTX, which she has argued highlights the counterparty risk self-custody avoids.

What did Eowyn Chen build at Trust Wallet?

Under Chen, Trust Wallet launched a Browser Extension, began developing Wallet-as-a-Service (WaaS) infrastructure, and introduced Trust Wallet SWIFT, a smart contract-based wallet supporting one-click transactions and gas payments in more than 200 tokens. The platform’s user base grew from 40 million to 230 million during her tenure.

What did Eowyn Chen do at Binance before Trust Wallet?

Chen held several roles at Binance from 2018 to 2022, rising from special assistant to one of the company’s co-founders to Vice President of Corporate Development, where she worked on more than 30 acquisitions, including CoinMarketCap and Trust Wallet itself. She later became Head of Binance Labs, managing a multi-billion-dollar portfolio of more than 200 projects, while also building Binance’s central marketing team.