
Cake Labs builds the open-source non-custodial Cake Wallet for crypto payments.
Cake Labs is a small, distributed software company organized around self-custodial cryptocurrency products rather than custody services or token issuance. Its flagship wallet is free and open source, and the company operates adjacent services such as Cake Pay gift-card purchases and third-party exchange integrations inside its apps.
With a team in the eleven-to-fifty range split between Nevis and the United States, its footprint is concentrated in the Monero and Bitcoin privacy communities. The MyMonero stewardship transition and hardware wallet integrations broaden its role as a maintainer of privacy-oriented wallet software.
Cake Wallet's software is fully open source and non-custodial, so users retain control of their private keys while the company collects no telemetry by default. Its Monero support includes background sync, and the wallet adds privacy tools such as Tor routing, custom node connections, and Bitcoin features like Silent Payments and Payjoin.
The product spans iOS, Android, and desktop platforms alongside hardware wallet integrations, with a built-in exchange across supported assets. The team also maintains its own documentation, community forum, and public service status page.
Cake Labs' recognition is strongest among privacy-focused and Monero-oriented users, and its brand carries less mainstream awareness than the largest multi-chain wallet providers. Its feature set surfaces options that many competitors hide, such as custom nodes and Tor routing.
That depth can add setup decisions for newcomers, and its fiat purchase and exchange services rely on third-party integrations whose availability varies by region. Its product family is also narrower than those of the largest wallet vendors, which bundle exchange accounts, staking, and Web3 browsers.