Trust Wallet plans to strengthen its security defenses as advances in artificial intelligence drive a rise in attacks across the crypto industry, following recent incidents involving Polymarket and Binance.

Neither attack affected Trust Wallet, but the company has already outlined additional security procedures and code-hardening measures, according to CEO Felix Fan.

Fan disclosed the plans in a post shared on X, formerly Twitter, on Oct. 30, 2026:

Although the Polymarket and Binance attacks didn't affect Trust Wallet, this morning we laid out every security measure we can take to step up our defenses: SOPs and code-hardening plans to make Trust Wallet even safer as AI advances drive a rise in attacks. We take every…

— Felix (@felix_fan) October 30, 2026

The chief executive said the wallet provider takes industry incidents seriously and reviews the lessons from each attack to improve its own security. His post did not include details of the Polymarket or Binance incidents. One of the referenced incidents involved Binance, the exchange that acquired Trust Wallet in 2018.

Although Trust Wallet will keep the specifics of its latest measures private for now, Fan said the company is open to releasing reports in the future and collaborating with crypto security firms and other wallet providers. He did not name the firms it might work with or provide a timeline for the new measures. Any future report or named partner would offer the first public look at defenses that currently remain internal.

He added that much of the additional work would not be visible to users but was essential to protecting funds held through one of the industry's leading self-custody wallets.

Code hardening generally refers to engineering changes that make software more resistant to exploitation, while standard operating procedures, or SOPs, define the repeatable internal processes teams follow to prevent and respond to security incidents. Security organizations across the software industry routinely study incidents at peer companies to identify weaknesses that could apply to their own systems.

Trust Wallet is a self-custody wallet that lets users retain control of their private keys rather than placing assets with a custodial third party, and it supports tokens across multiple blockchains. Because a self-custody provider does not hold customer funds directly, security work centers on the application code that manages keys and signs transactions. The wallet's native token, Trust Wallet Token (TWT), is listed on exchanges.

Polymarket operates a crypto-based prediction market platform, while Binance ranks among the world's largest cryptocurrency exchanges by trading volume.