Trust Wallet has appointed Felix Fan as its new CEO, succeeding Eowyn Chen, who completed a four-year tenure. Under Chen's leadership, Trust Wallet's user base expanded from 40 million to 230 million, and the company transitioned from a $10 million annual loss to nearly $10 million in revenue. In response to recent security incidents, Trust Wallet has compensated approximately 50% of verified victims within four weeks. Felix Fan, previously the first employee of OKX's X Layer project, joins Trust Wallet amid notable industry attention following his recruitment by Binance.