WATS Wallet is a versatile Web3 cryptocurrency wallet that offers a multi-product solution for managing digital assets. It was founded by Alltoscan LLC in 2019 to provide users with a secure, user-friendly interface for interacting with decentralized finance (DeFi) and other blockchain applications. The wallet is available as a Chrome Extension, a mobile application, a browser-based hot wallet, and an innovative NFC Metal Card — each built around a self-custodial model where users retain full control over their cryptographic keys. ^{[1] [2]}​

History

WATS Wallet was launched by Alltoscan LLC, a company based in Delaware, US, that has been actively involved in the advancement of Web3 technologies. Since its inception in 2019, WATS Wallet has evolved significantly, aligning its features with the dynamic demands of blockchain users.

In June 2025, the company introduced WATS Protocol V2, further enhancing the wallet's capabilities by enabling instant swaps on major networks such as Ethereum and Binance Smart Chain. ^{[1] [3]}​

Technology & Features

Core Wallet Features: WATS Wallet distinguishes itself by offering a suite of products that center around the concept of seamless access to decentralized applications (dApps) and token management. It includes a Chrome Extension for easy access directly from browsers, a mobile app for both iOS and Android, and a web-based Hot Wallet where users can conduct transactions using the wallet's native ATS token. ^[1]

The wallet supports transactions across multiple blockchain networks, including EVM-compatible chains, Solana, and TON, providing users with a wide span of operability. ^[2]​

NFC Metal Card: One of the wallet's unique features is its NFC Metal Card, which provides a physical layer of security. This card enables users to authenticate transactions through NFC-enabled smartphones, without storing cryptographic keys directly on the card, thus enhancing security against potential breaches. ^[1]

The card is engineered to meet military-grade standards, built with materials like 316L stainless steel, and is resistant to extreme environmental conditions. ^[1]​

Security Innovations: WATS Wallet prioritizes security through a dual-custody model. In this setup, both the user and WATS hold separate keys that are required to authorize transactions, substantially reducing risks associated with single-point failures.

The NFC Metal Card further supports security by locking access to the paired device alone, eliminating the traditional vulnerability of password-based systems. ^[2]​

Products & Use Cases

Multi-Chain Transactions: At the heart of WATS Wallet is the ability to execute transactions across multiple blockchain networks. Users can send and receive cryptocurrencies, swap tokens at optimal rates, and bridge their assets seamlessly among supported chains. This functionality streamlines user interactions with the diverse ecosystem of dApps. ^[1]​

Portfolio Management & Real-Time Tracking: The wallet also functions as a comprehensive portfolio manager, allowing users to track their holdings across different chains in one unified view. Real-time price tracking for various tokens, including ATS, ETH, and BTC, is incorporated, enabling informed decision-making for users. ^[1]​

Tokenomics

ATS Token: The ATS token serves as a singular fee token within the WATS ecosystem, simplifying the transaction process by allowing users to pay all fees — including swaps, transfers, and staking — with ATS, thus eliminating the need for holding native gas tokens of multiple chains. This not only optimizes costs but also simplifies the portfolio management for users. ^[1]​

Team & Governance

WATS Wallet is developed by Alltoscan LLC, with the team comprising experts driven to enhance the DeFi user experience through innovative products. The governance model adopted by WATS is not publicly detailed, but the company promotes a self-custodial philosophy that empowers users with control over their assets. ^{[1] [2]}​