Citadel Wallet addresses a critical gap in cryptocurrency security by introducing the first Hedera-native hardware wallet that combines high-quality asset protection with intuitive user experience. Through innovative design and strategic network integration, Citadel is transforming how users on Hedera secure their digital assets, setting a new standard for hardware wallets in the rapidly evolving Web3 ecosystem.

$3.6B

Projected value of hardware wallet market by 2030

2,200

number of Citadel Wallet pre-orders secured using NFTs

<2%

Users using hardware wallets when interacting with Web3

By fully supporting next-generation DLT networks - such as Hedera - with tangible real-world applications, we are dedicated to ensuring that our wallet meets the diverse and evolving needs of various user segments. This includes not just cryptocurrency holders and investors, but also the daily active users and developers of Web3 applications.

Andy Kulikyan

Founder & CEO,
Citadel Wallet

Headshot

Industry

Custody

Use Case(s)

Custodial Services & Wallet Management

Overview

Citadel Wallet stands as the first Hedera-native hardware wallet, combining military-grade security with user-friendly design. Citadel addresses a critical need for secure digital asset management on Hedera, offering comprehensive support for HBAR, staking, smart contracts, and NFT services through an intuitive interface.

Challenge

Despite over 400 million global cryptocurrency users, hardware wallet adoption remains at a mere 2%. This low adoption stems from existing solutions' fundamental shortcomings - complex interfaces, poor user experience, and slow transaction times. These barriers leave the majority of users exposed to security risks through less secure storage methods.

Solution

Citadel's innovative approach integrates EAL6+ certified security with a modern touchscreen interface and dual connectivity options. Through strategic partnerships with leading software wallets like HashPack and Blade, Citadel enables seamless interaction with Hedera's advanced features while maintaining enterprise-grade security, making robust asset protection accessible to everyday users.

Against the backdrop of a rapidly emerging token economy with increasingly positive views about cryptocurrencies, hardware wallets and the security they provide for the average end-user are still overlooked to a disproportionate extent relative to the number of people interacting with Web3 protocols.


Citadel Wallet represents a significant advancement in blockchain security infrastructure as the first Hedera-native hardware wallet. Founded by Andy Kulikyan, an experienced embedded systems developer, Citadel addresses a critical gap in the cryptocurrency security landscape where only 2% of over 400 million crypto users utilize hardware wallets due to poor user experience and complex interfaces. Citadel's innovative approach combines military-grade security (EAL6+ certification) with user-friendly design, featuring a full-color touchscreen display and intuitive interface that rivals modern smartphone experiences.


By focusing specifically on the Hedera network's capabilities, Citadel offers comprehensive support for HBAR, staking, smart contract interactions, and NFT services while maintaining transaction speeds that outperform traditional blockchain hardware wallets. This strategic focus on Hedera, combined with partnerships with leading software wallets like HashPack and Blade, positions Citadel to transform how users interact with and secure their digital assets, making enterprise-grade security accessible to everyday users of the rapidly growing Web3 ecosystem.

The Hardware Wallet Adoption Gap

Despite the explosive growth of digital assets and Web3 protocols, hardware wallet adoption remains strikingly low, with less than 10 million users out of a global cryptocurrency user base exceeding 400 million. This 2% adoption rate stems from the fundamental shortcomings of existing hardware wallet solutions - from complex setup processes to unintuitive interfaces and slow transaction times. These barriers to mainstream adoption leave the vast majority of users exposed to security risks, including exchange hacks, phishing attacks, and malware, resulting in significant losses of digital assets.


The Hedera network, with its growing ecosystem of DeFi protocols, NFT platforms, and enterprise applications, presents a unique opportunity for innovation in the hardware wallet space. The network's high-performance characteristics - including fast finality, low transaction costs, and advanced features like native staking and scheduled transactions - demand a security solution that can match its capabilities. This alignment of market need with technological capability creates an opening for a purpose-built hardware solution that can address both security requirements and user experience demands.

The Citadel Wallet Solution

Citadel Wallet represents a paradigm shift in hardware wallet design, purposefully built to address the historical barriers to adoption while maximizing the capabilities of the Hedera network. At its core, the device combines military-grade security with an intuitive user interface, featuring a 1.28" full-color touchscreen display, streamlined two-button navigation, and both USB-C and Bluetooth connectivity options. This modern approach to hardware design reflects Citadel's commitment to bringing consumer electronics standards to the cryptocurrency security sector.


The wallet's security architecture is anchored by an EAL6+ certified secure element - the highest security certification available for consumer electronics. This foundation is augmented by a state-of-the-art M33 ARM Core processor with Trust Zone technology, creating a robust defense against both physical and remote attacks. Unlike traditional hardware wallets that sacrifice user experience for security, Citadel's novel architecture enables rapid transaction processing while maintaining enterprise-grade protection of private keys.


To drive adoption and build community engagement, Citadel introduced an innovative pre-order system through their "Guardians of the Citadel" NFT collection. This program merged digital collectibles with hardware wallet ownership rights, offering three tiers of NFT Knights - Ice, Fire, and Nature - each corresponding to different wallet allocations. The initiative not only demonstrated the practical application of NFTs for product launches but also showcased the efficiency of Hedera's network for minting and distributing digital assets.

Building on Hedera

Integration with the Hedera network extends beyond basic transaction signing to include comprehensive support for the network's advanced features. Through partnerships with established software wallet providers like HashPack and Blade, Citadel enables seamless interaction with HBAR tokens, native staking protocols, smart contracts, and NFT services.

This integration strategy ensures that users can access the full range of Hedera's capabilities while maintaining the highest security standards for their digital assets. By focusing development efforts on Hedera's unique features, Citadel has positioned itself to take full advantage of the network's superior performance characteristics.

Charting the Road Ahead

Citadel Wallet's launch represents a significant milestone for the Hedera ecosystem, introducing enterprise-grade security without compromising the network's inherent speed and efficiency advantages that make it unique in Web3. The successful implementation of the Guardians of the Citadel NFT program has already demonstrated strong market demand for a purpose-built Hedera hardware wallet, while establishing a committed community of early adopters who understand the value of robust digital asset security.

Looking ahead, Citadel's development roadmap focuses on expanding its feature set to support the evolving needs of the Hedera network. Planned updates include support for multi-signature transactions, key rotation capabilities, and integration with Hedera Consensus Service (HCS). While maintaining its primary focus on Hedera, Citadel also plans to selectively add support for other leading Layer-1 networks that align with its vision for real-world utility and scalability.

Beyond cryptocurrency applications, Citadel is positioning itself to play a crucial role in the broader adoption of Web3 technologies. The team's expertise in embedded systems and IoT development points to future opportunities in digital identity management, secure IoT device authentication, and enterprise-grade key management solutions. This expanded vision, coupled with Citadel's commitment to user-friendly security, sets the stage for the company to become a key infrastructure provider in the next generation of decentralized applications.

About Citadel Wallet

Citadel Wallet is not just a hardware wallet - it is an ecosystem of secure IoT devices. Citadel Hardware Wallet is the first of many products and services coming to you. Citadel Hardware Wallet fully supports assets and interactions on the Hedera network such as HBAR transfers, NFTs, Tokens, Native Staking, Smart Contracts, and Scheduled Transactions. Connect seamlessly with any Hedera dApp and interact with the network with security and a peace of mind.


Learn more about us and our solutions at https://www.citadelwallet.io/.

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Hedera is not affiliated with, and does not sponsor or endorse this project.

Industry

Custody

Use Case(s)

Custodial Services & Wallet Management

Overview

Citadel Wallet stands as the first Hedera-native hardware wallet, combining military-grade security with user-friendly design. Citadel addresses a critical need for secure digital asset management on Hedera, offering comprehensive support for HBAR, staking, smart contracts, and NFT services through an intuitive interface.

Challenge

Despite over 400 million global cryptocurrency users, hardware wallet adoption remains at a mere 2%. This low adoption stems from existing solutions' fundamental shortcomings - complex interfaces, poor user experience, and slow transaction times. These barriers leave the majority of users exposed to security risks through less secure storage methods.

Solution

Citadel's innovative approach integrates EAL6+ certified security with a modern touchscreen interface and dual connectivity options. Through strategic partnerships with leading software wallets like HashPack and Blade, Citadel enables seamless interaction with Hedera's advanced features while maintaining enterprise-grade security, making robust asset protection accessible to everyday users.

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