Status is a cryptocurrency wallet and a private messenger that lets the user manage and store private keys combined within the Status app, which also functions as a Web3 browser and private messenger. The status allows multi-currency support where a user can trade more than one digital currency, it includes a messaging feature where users can directly share the cryptocurrencies among each other within the conversations. Status was founded by Carl Bennetts and Jarrad Hope, who previously had a working relationship of over six years with each other on various projects.