Leo Wallet’s mission is to deliver a secure, privacy-preserving wallet experience purpose-built for the Aleo ecosystem. Since launch, Leo Wallet has grown to more than 200,000 users and become a foundational application for developers and consumers seeking seamless access to programmable privacy, private payments, and Aleo-native applications.

Provable, a core developer and long-standing contributor to the Aleo ecosystem, acquired Leo Wallet to integrate the product directly into its infrastructure stack and accelerate the development of privacy-enabled payments. The acquisition strengthens Provable’s suite of tools for builders and users, reinforces its leadership within Aleo, and supports the next phase of adoption for privacy-preserving applications across the ecosystem.

Areta acted as the exclusive financial advisor to Leo Wallet, supporting the team throughout the sale process, managing strategic acquirer engagement, and structuring a competitive process designed to maximise strategic alignment and shareholder value.