Frens
3 known investors
Frens is a mobile social app with token-gated group chats and a self-custodial Ethereum and Solana wallet.
Also known as Friendly Labs Inc.
Investors Β· 3
Company profile
researched Aug 2026Frens is a social application operated by Friendly Labs Inc. that combines messaging and group chat with an embedded, self-custodial crypto wallet. Users log in with an email address or phone number, and the app provisions or associates one or more public Ethereum and Solana wallet addresses with the account. Wallet-related information displayed in the app β balances, token holdings, transaction hashes, timestamps and contract interactions β is derived from public blockchains and infrastructure providers.
The product is distributed as an iOS and Android app. Alongside general messaging, Frens supports token-gated groups: a user downloads the app, connects the wallet holding a qualifying NFT, and is admitted to the corresponding group. One such group is organized around the Purple NFT, with an option for holders whose NFT sits in a Farcaster-connected wallet. The service is restricted to individuals 18 and over (or the minimum age required in the user's jurisdiction), and the company notes that feature availability may vary by location for legal and regulatory reasons.
Business model
Frens distributes a consumer mobile app for iOS and Android that pairs social messaging with self-custodial wallet features; no pricing or monetization terms are disclosed in the available material.
βΈFull profile β technology, go-to-market, risks & controversies
Technology
The app is built on third-party infrastructure: Privy provides authentication and embedded wallets, with private keys never held by Frens and export handled through Privy-supported flows. Wallets span Ethereum and Solana, and public wallet addresses are stored on Frens servers to power wallet features. PostHog is used for product analytics (screen views, taps, onboarding steps, feature usage, plus device and app context) and Sentry for crash and error monitoring.
Go-to-market
Distribution is direct-to-consumer through the iOS and Android app stores, with community-specific landing pages (for example, a Purple NFT group page with download links and a QR code) used to onboard token-gated groups; support is handled by email and community assistance via Telegram.
Consumer crypto users aged 18 and over who hold Ethereum or Solana assets and participate in NFT communities; one documented cohort is holders of the Purple NFT.
Risks & controversies
The company states that blockchain transactions are public and irreversible, that wallet addresses and transaction history may be visible via public block explorers, and that data recorded on public blockchains cannot be edited or deleted. Because wallet features are self-custodial, anyone with access to a user's device or account may be able to initiate wallet activity, and the company notes no method of transmission or storage is completely secure.
Compiled by commissioned research from 6 cited public sources β announcements, filings, and press listed under research sources below.
βΈResearch sources Β· 6
primary sources listed
- Privacy Policy β Frensfrens.lol Β· web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Frens do?
- Frens is a mobile social app with token-gated group chats and a self-custodial Ethereum and Solana wallet.
- Who are Frens's investors?
- Frens's investors include 1confirmation, Very Serious Ventures, WWVentures.