Cold Wallet has executed a transformative $270 million acquisition of Plus Wallet, instantly adding over 2 million users to its ecosystem in under seven months. This strategic move directly challenges established Web3 wallets like MetaMask and Trust Wallet by introducing a user-reward model powered by its native token CWT, currently in stage 16 of presale at $0.00942.
The acquisition accelerates Cold Wallet's infrastructure development and market reach, bypassing years of organic growth required by competitors. Unlike MetaMask – criticized for interface issues and inaccurate gas fees – and Trust Wallet which offers no user returns, Cold Wallet incentivizes every transaction. Users earn CWT tokens for bridges, swaps, and gas fees, with tiered rewards offering up to 100% cashback on gas and 50% on other actions based on CWT holdings.
With the Plus Wallet integration complete, Cold Wallet's operational reward system is already active – no locked staking or delayed implementations. The platform also acquired the premium domain ColdWallet.com for $2 million, signaling serious market ambitions. CWT's presale structure features rising prices at each stage, creating urgency at the current $0.00942 entry point before subsequent increases.