by Kzen Network Ltd.
Quick Fact
ZenGo uses Multi‑Party Computation (MPC) instead of seed phrases to secure private keys, combining biometric (3D FaceLock), email, and encrypted backup files for account recovery. To date, over 1.5 million wallets have been created with zero reported compromises. In 2025, it received strategic investment from Tether.
ZenGo is a next-generation cryptocurrency wallet built around a unique security model that eliminates the traditional seed phrase, replacing it with advanced Multi-Party Computation (MPC) technology. Designed for both everyday crypto users and long-term asset holders, ZenGo combines a mobile-first interface with enterprise-grade cryptography to offer secure, self-custodial access to the digital asset ecosystem.
Unlike conventional wallets that rely on a single private key stored locally or encrypted from a seed phrase, ZenGo uses MPC to split a user’s key into two mathematically related parts. One part is stored securely on the user’s mobile device, while the other is stored on ZenGo’s servers—encrypted and inaccessible to ZenGo or any third party.
This architecture provides several advantages:
No seed phrase vulnerability or paper backups
Biometric authentication via 3D FaceLock
Account recovery using encrypted cloud backup and multi-factor verification (email, recovery file, biometric scan)
No single point of failure
This approach offers a self-custodial experience with security and ease of use suitable for both beginners and experienced users.
ZenGo is available on iOS and Android, with support for multi-chain asset management, staking, NFT storage, and Web3 app integration. Its interface is streamlined, emphasizing simplicity without compromising on advanced functionality. Users can track portfolios, conduct swaps, and access decentralized applications directly from the app.
The wallet supports staking for select proof-of-stake assets such as Tezos and ETH (via validator delegation), offering users the ability to earn passive yield securely from within the app interface.
ZenGo integrates Web3 functionality by enabling wallet connection to decentralized applications. Through WalletConnect, users can interact with DeFi platforms, NFT marketplaces, and other Web3 tools while benefiting from MPC-level transaction security.
ZenGo includes features for both proactive security and user-initiated recovery:
FaceLock biometric verification prevents unauthorized access
3-factor recovery system (email, encrypted recovery file, biometric scan)
No passwords, PINs, or seed phrases are required
To date, ZenGo has recorded zero wallet compromises, highlighting the strength of its security model.
ZenGo operates independently and has received funding from notable venture investors, including a recent 2025 investment from Tether, reinforcing its strategic value in the digital asset infrastructure space. Although it is not fully open-source, ZenGo publishes security research, engages in third-party audits, and follows strict internal standards for cryptographic development.