diff --git a/storybook/pages/AssetSelectorCompactPage.qml b/storybook/pages/AssetSelectorCompactPage.qml
new file mode 100644
index 0000000000..a61555166d
--- /dev/null
+++ b/storybook/pages/AssetSelectorCompactPage.qml
@@ -0,0 +1,95 @@
+import QtQuick 2.15
+import QtQuick.Controls 2.15
+
+import AppLayouts.Wallet.controls 1.0
+import StatusQ.Core.Theme 0.1
+import utils 1.0
+
+Pane {
+    readonly property var assetsData: [
+        {
+            tokensKey: "key_1",
+            communityId: "",
+            name: "Status Test Token",
+            currencyBalanceAsString: "42,23 USD",
+            symbol: "STT",
+            iconSource: Constants.tokenIcon("STT"),
+            tokensKey: "STT",
+
+            balances: [
+                {
+                    balanceAsString: "0,56",
+                    iconUrl: "network/Network=Ethereum"
+                }
+            ],
+
+            sectionText: "My assets on Mainnet"
+        },
+        {
+            tokensKey: "key_2",
+            communityId: "",
+            name: "Ether",
+            currencyBalanceAsString: "4 276,86 USD",
+            symbol: "ETH",
+            iconSource: Constants.tokenIcon("ETH"),
+            tokensKey: "ETH",
+
+            balances: [
+                {
+                    balanceAsString: "0,12",
+                    iconUrl: "network/Network=Ethereum"
+                }
+            ],
+
+            sectionText: "My assets on Mainnet"
+        },
+        {
+            tokensKey: "key_2",
+            communityId: "",
+            name: "Dai Stablecoin",
+            currencyBalanceAsString: "45,92 USD",
+            symbol: "DAI",
+            iconSource: Constants.tokenIcon("DAI"),
+            tokensKey: "DAI",
+            balances: [],
+
+            sectionText: "Popular assets"
+        },
+        {
+            tokensKey: "key_3",
+            communityId: "",
+            name: "0x",
+            currencyBalanceAsString: "41,22 USD",
+            symbol: "ZRX",
+            iconSource: Constants.tokenIcon("ZRX"),
+            tokensKey: "ZRX",
+            balances: [],
+
+            sectionText: "Popular assets"
+        }
+    ]
+
+    ListModel {
+        id: assetsModel
+
+        Component.onCompleted: append(assetsData)
+    }
+
+    background: Rectangle {
+        color: Theme.palette.baseColor3
+    }
+
+    AssetSelectorCompact {
+        id: panel
+
+        anchors.centerIn: parent
+        width: 400
+
+        model: assetsModel
+        sectionProperty: "sectionText"
+
+        onSelected: console.log("asset selected:", key)
+    }
+}
+
+// category: Controls
diff --git a/storybook/pages/AssetSelectorPage.qml b/storybook/pages/AssetSelectorPage.qml
index 175e361ae8..f6c896510b 100644
--- a/storybook/pages/AssetSelectorPage.qml
+++ b/storybook/pages/AssetSelectorPage.qml
@@ -20,16 +20,10 @@ Pane {
                 {
                     balanceAsString: "0,56",
                     iconUrl: "network/Network=Ethereum"
-                },
-                {
-                    balanceAsString: "0,22",
-                    iconUrl: "network/Network=Arbitrum"
-                },
-                {
-                    balanceAsString: "0,12",
-                    iconUrl: "network/Network=Optimism"
                 }
-            ]
+            ],
+
+            sectionText: "My assets on Mainnet"
         },
         {
             tokensKey: "key_2",
@@ -41,19 +35,13 @@ Pane {
             tokensKey: "ETH",
 
             balances: [
-                {
-                    balanceAsString: "1,01",
-                    iconUrl: "network/Network=Optimism"
-                },
-                {
-                    balanceAsString: "0,47",
-                    iconUrl: "network/Network=Arbitrum"
-                },
                 {
                     balanceAsString: "0,12",
                     iconUrl: "network/Network=Ethereum"
                 }
-            ]
+            ],
+
+            sectionText: "My assets on Mainnet"
         },
         {
             tokensKey: "key_2",
@@ -63,21 +51,21 @@ Pane {
             symbol: "DAI",
             iconSource: Constants.tokenIcon("DAI"),
             tokensKey: "DAI",
+            balances: [],
 
-            balances: [
-                {
-                    balanceAsString: "45,12",
-                    iconUrl: "network/Network=Arbitrum"
-                },
-                {
-                    balanceAsString: "0,56",
-                    iconUrl: "network/Network=Optimism"
-                },
-                {
-                    balanceAsString: "0,12",
-                    iconUrl: "network/Network=Ethereum"
-                }
-            ]
+            sectionText: "Popular assets"
+        },
+        {
+            tokensKey: "key_3",
+            communityId: "",
+            name: "0x",
+            currencyBalanceAsString: "41,22 USD",
+            symbol: "ZRX",
+            iconSource: Constants.tokenIcon("ZRX"),
+            tokensKey: "ZRX",
+            balances: [],
+
+            sectionText: "Popular assets"
         }
     ]
 
@@ -96,9 +84,10 @@ Pane {
 
         anchors.centerIn: parent
 
-        assetsModel: assetsModel
+        model: assetsModel
+        sectionProperty: "sectionText"
 
-        onAssetSelected: console.log("asset selected:", key)
+        onSelected: console.log("asset selected:", key)
     }
 }
 
diff --git a/storybook/pages/SearchableAssetsPanelPage.qml b/storybook/pages/SearchableAssetsPanelPage.qml
new file mode 100644
index 0000000000..5ffdd284ba
--- /dev/null
+++ b/storybook/pages/SearchableAssetsPanelPage.qml
@@ -0,0 +1,112 @@
+import QtQuick 2.15
+import QtQuick.Layouts 1.15
+import QtQuick.Controls 2.15
+
+import AppLayouts.Wallet.panels 1.0
+import utils 1.0
+
+Pane {
+    readonly property var assetsData: [
+        {
+            tokensKey: "key_1",
+            communityId: "",
+            name: "Status Test Token",
+            currencyBalanceAsString: "42,23 USD",
+            symbol: "STT",
+            iconSource: Constants.tokenIcon("STT"),
+            tokensKey: "STT",
+            balances: [
+                {
+                    balanceAsString: "0,56",
+                    iconUrl: "network/Network=Ethereum"
+                },
+                {
+                    balanceAsString: "0,22",
+                    iconUrl: "network/Network=Arbitrum"
+                },
+                {
+                    balanceAsString: "0,12",
+                    iconUrl: "network/Network=Optimism"
+                }
+            ],
+
+            sectionText: ""
+        },
+        {
+            tokensKey: "key_2",
+            communityId: "",
+            name: "Ether",
+            currencyBalanceAsString: "4 276,86 USD",
+            symbol: "ETH",
+            iconSource: Constants.tokenIcon("ETH"),
+            tokensKey: "ETH",
+            balances: [
+                {
+                    balanceAsString: "1,01",
+                    iconUrl: "network/Network=Optimism"
+                },
+                {
+                    balanceAsString: "0,47",
+                    iconUrl: "network/Network=Arbitrum"
+                },
+                {
+                    balanceAsString: "0,12",
+                    iconUrl: "network/Network=Ethereum"
+                }
+            ],
+
+            sectionText: ""
+        },
+        {
+            tokensKey: "key_2",
+            communityId: "",
+            name: "Dai Stablecoin",
+            currencyBalanceAsString: "45,92 USD",
+            symbol: "DAI",
+            iconSource: Constants.tokenIcon("DAI"),
+            tokensKey: "DAI",
+            balances: [],
+
+            sectionText: "Popular assets"
+        },
+        {
+            tokensKey: "key_3",
+            communityId: "",
+            name: "0x",
+            currencyBalanceAsString: "41,22 USD",
+            symbol: "ZRX",
+            iconSource: Constants.tokenIcon("ZRX"),
+            tokensKey: "ZRX",
+            balances: [],
+
+            sectionText: "Popular assets"
+        }
+    ]
+
+    ListModel {
+        id: assetsModel
+
+        Component.onCompleted: append(assetsData)
+    }
+
+    Rectangle {
+        anchors.fill: panel
+        anchors.margins: -1
+
+        color: "transparent"
+        border.color: "lightgray"
+    }
+
+    SearchableAssetsPanel {
+        id: panel
+
+        anchors.centerIn: parent
+
+        width: 350
+
+        model: assetsModel
+        sectionProperty: "sectionText"
+    }
+}
+
+// category: Panels
diff --git a/storybook/pages/TokenSelectorCompactButtonPage.qml b/storybook/pages/TokenSelectorCompactButtonPage.qml
new file mode 100644
index 0000000000..42a6819daf
--- /dev/null
+++ b/storybook/pages/TokenSelectorCompactButtonPage.qml
@@ -0,0 +1,60 @@
+import QtQuick 2.15
+import QtQuick.Controls 2.15
+import QtQuick.Layouts 1.15
+
+import Qt.labs.settings 1.1
+
+import AppLayouts.Wallet.controls 1.0
+import StatusQ.Core.Theme 0.1
+import utils 1.0
+
+Pane {
+    padding: 0
+
+    Rectangle {
+        anchors.fill: parent
+        color: Theme.palette.baseColor3
+    }
+
+    RowLayout {
+        anchors.centerIn: parent
+
+        width: 400
+        height: 60
+
+        TokenSelectorCompactButton {
+            id: panel
+
+            Layout.fillWidth: true
+            Layout.alignment: Qt.AlignVCenter
+
+            selected: selectionCheckBox.checked
+
+            name: "My token" + (longNameCheckBox.checked
+                                ? " long".repeat(10) : "")
+            subname: "MTKN"
+            icon: Constants.tokenIcon("CFI")
+        }
+    }
+
+    ColumnLayout {
+        CheckBox {
+            id: selectionCheckBox
+
+            text: "selected"
+        }
+
+        CheckBox {
+            id: longNameCheckBox
+
+            text: "long name"
+        }
+    }
+
+    Settings {
+        property alias selected: selectionCheckBox.checked
+        property alias longName: longNameCheckBox.checked
+    }
+}
+
+// category: Controls
diff --git a/ui/app/AppLayouts/Wallet/controls/AssetSelector.qml b/ui/app/AppLayouts/Wallet/controls/AssetSelector.qml
index 95cbecd041..4013952d62 100644
--- a/ui/app/AppLayouts/Wallet/controls/AssetSelector.qml
+++ b/ui/app/AppLayouts/Wallet/controls/AssetSelector.qml
@@ -12,31 +12,26 @@ Control {
     id: root
 
     /** Expected model structure: see SearchableAssetsPanel::model **/
-    property alias assetsModel: searchableAssetsPanel.model
+    property alias model: searchableAssetsPanel.model
 
-    readonly property bool isTokenSelected: d.isTokenSelected
+    property alias sectionProperty: searchableAssetsPanel.sectionProperty
 
-    signal assetSelected(string key)
+    readonly property bool isSelected: button.selected
+
+    signal selected(string key)
 
     function setCustom(name: string, icon: url, key: string) {
-        d.isTokenSelected = true
-        tokenSelectorButton.name = name
-        tokenSelectorButton.icon = icon
+        button.name = name
+        button.icon = icon
+        button.selected = true
+
         searchableAssetsPanel.highlightedKey = key ?? ""
     }
 
-    QtObject {
-        id: d
-
-        property bool isTokenSelected: false
-    }
-
     contentItem: TokenSelectorButton {
-        id: tokenSelectorButton
+        id: button
 
-        selected: d.isTokenSelected
         forceHovered: dropdown.opened
-
         text: qsTr("Select asset")
 
         onClicked: dropdown.opened ? dropdown.close() : dropdown.open()
@@ -47,25 +42,25 @@ Control {
 
         y: parent.height + 4
 
-        closePolicy: Popup.CloseOnPressOutsideParent
+        closePolicy: Popup.CloseOnEscape | Popup.CloseOnPressOutsideParent
         padding: 0
 
         contentItem: SearchableAssetsPanel {
             id: searchableAssetsPanel
 
             function setCurrentAndClose(name, icon) {
-                tokenSelectorButton.name = name
-                tokenSelectorButton.icon = icon
-                d.isTokenSelected = true
+                button.name = name
+                button.icon = icon
+                button.selected = true
                 dropdown.close()
             }
 
             onSelected: {
-                const entry = ModelUtils.getByKey(assetsModel, "tokensKey", key)
+                const entry = ModelUtils.getByKey(root.model, "tokensKey", key)
                 highlightedKey = key
 
                 setCurrentAndClose(entry.symbol, entry.iconSource)
-                root.assetSelected(key)
+                root.selected(key)
             }
         }
     }
diff --git a/ui/app/AppLayouts/Wallet/controls/AssetSelectorCompact.qml b/ui/app/AppLayouts/Wallet/controls/AssetSelectorCompact.qml
new file mode 100644
index 0000000000..bee468e3b7
--- /dev/null
+++ b/ui/app/AppLayouts/Wallet/controls/AssetSelectorCompact.qml
@@ -0,0 +1,74 @@
+import QtQuick 2.15
+import QtQuick.Controls 2.15
+
+import StatusQ.Controls 0.1
+import StatusQ.Core.Utils 0.1
+
+import AppLayouts.Wallet.panels 1.0
+
+import utils 1.0
+
+Control {
+    id: root
+
+    /** Expected model structure: see SearchableAssetsPanel::model **/
+    property alias model: searchableAssetsPanel.model
+
+    property alias sectionProperty: searchableAssetsPanel.sectionProperty
+
+    readonly property bool isSelected: button.selected
+
+    signal selected(string key)
+
+    function setCustom(name: string, symbol: string, icon: url, key: string) {
+        button.name = name
+        button.subname = symbol
+        button.icon = icon
+        button.selected = true
+
+        searchableAssetsPanel.highlightedKey = key ?? ""
+    }
+
+    function reset() {
+        button.selected = false
+    }
+
+    contentItem: TokenSelectorCompactButton {
+        id: button
+
+        objectName: "assetSelectorButton"
+
+        onClicked: dropdown.opened ? dropdown.close() : dropdown.open()
+    }
+
+    StatusDropdown {
+        id: dropdown
+
+        y: parent.height + 4
+        width: parent.width
+
+        closePolicy: Popup.CloseOnEscape | Popup.CloseOnPressOutsideParent
+        padding: 0
+
+        contentItem: SearchableAssetsPanel {
+            id: searchableAssetsPanel
+
+            function setCurrentAndClose(name, symbol, icon) {
+                button.name = name
+                button.subname = symbol
+                button.icon = icon
+                button.selected = true
+
+                dropdown.close()
+            }
+
+            onSelected: {
+                const entry = ModelUtils.getByKey(root.model, "tokensKey", key)
+                highlightedKey = key
+
+                setCurrentAndClose(entry.name, entry.symbol, entry.iconSource)
+                root.selected(key)
+            }
+        }
+    }
+}
diff --git a/ui/app/AppLayouts/Wallet/controls/TokenSelectorCompactButton.qml b/ui/app/AppLayouts/Wallet/controls/TokenSelectorCompactButton.qml
new file mode 100644
index 0000000000..c61340d5ca
--- /dev/null
+++ b/ui/app/AppLayouts/Wallet/controls/TokenSelectorCompactButton.qml
@@ -0,0 +1,113 @@
+import QtQuick 2.15
+import QtQuick.Controls 2.15
+import QtQuick.Layouts 1.15
+
+import StatusQ.Components 0.1
+import StatusQ.Components.private 0.1
+import StatusQ.Core 0.1
+import StatusQ.Core.Theme 0.1
+
+import utils 1.0
+
+Control {
+    id: root
+
+    property bool selected
+
+    property string text: qsTr("Select asset")
+
+    property string name
+    property string subname
+    property url icon
+
+    signal clicked
+
+    padding: 10
+
+    background: StatusComboboxBackground {
+        border.width: 1
+        color: Theme.palette.transparent
+    }
+
+    contentItem: Loader {
+        sourceComponent: root.selected ? selectedContent : notSelectedContent
+    }
+
+    Component {
+        id: notSelectedContent
+
+        RowLayout {
+            spacing: 10
+
+            StatusBaseText {
+                Layout.fillWidth: true
+
+                objectName: "tokenSelectorContentItemText"
+                font.pixelSize: Style.current.additionalTextSize
+                font.weight: Font.Medium
+                color: Theme.palette.primaryColor1
+                text: root.text
+
+                elide: Text.ElideRight
+            }
+
+            StatusComboboxIndicator {
+                color: Theme.palette.primaryColor1
+            }
+        }
+    }
+
+    Component {
+        id: selectedContent
+
+        RowLayout {
+            spacing: Style.current.halfPadding
+
+            RowLayout {
+                objectName: "selectedTokenItem"
+                spacing: Style.current.halfPadding
+
+                StatusRoundedImage {
+                    objectName: "tokenSelectorIcon"
+                    Layout.preferredWidth: 20
+                    Layout.preferredHeight: 20
+                    image.source: root.icon
+                }
+
+                StatusBaseText {
+                    objectName: "tokenSelectorContentItemName"
+
+                    Layout.fillWidth: true
+
+                    // Using Math.ceil prevents undesired elision for some texts
+                    Layout.maximumWidth: Math.ceil(implicitWidth)
+
+                    color: Theme.palette.directColor1
+                    text: root.name
+
+                    elide: Text.ElideRight
+                }
+
+                StatusBaseText {
+                    objectName: "tokenSelectorContentItemSymbol"
+
+                    Layout.fillWidth: true
+
+                    color: Theme.palette.baseColor1
+                    text: root.subname
+                }
+
+                StatusComboboxIndicator {
+                    color: Theme.palette.primaryColor1
+                }
+            }
+        }
+    }
+
+    MouseArea {
+        cursorShape: root.enabled ? Qt.PointingHandCursor : undefined
+        anchors.fill: parent
+
+        onClicked: root.clicked()
+    }
+}
diff --git a/ui/app/AppLayouts/Wallet/controls/qmldir b/ui/app/AppLayouts/Wallet/controls/qmldir
index 54d8677825..531f52e1d6 100644
--- a/ui/app/AppLayouts/Wallet/controls/qmldir
+++ b/ui/app/AppLayouts/Wallet/controls/qmldir
@@ -1,6 +1,7 @@
 AccountHeaderGradient 1.0 AccountHeaderGradient.qml
 ActivityFilterTagItem 1.0 ActivityFilterTagItem.qml
 AssetSelector 1.0 AssetSelector.qml
+AssetSelectorCompact 1.0 AssetSelectorCompact.qml
 BuyCryptoProvidersDelegate 1.0 BuyCryptoProvidersDelegate.qml
 BuyCryptoProvidersLoadingDelegate 1.0 BuyCryptoProvidersLoadingDelegate.qml
 CollectibleBalanceTag 1.0 CollectibleBalanceTag.qml
@@ -24,4 +25,5 @@ SwapExchangeButton 1.0 SwapExchangeButton.qml
 SwapProvidersTermsAndConditionsText 1.0 SwapProvidersTermsAndConditionsText.qml
 TokenSelector 1.0 TokenSelector.qml
 TokenSelectorButton 1.0 TokenSelectorButton.qml
+TokenSelectorCompactButton 1.0 TokenSelectorCompactButton.qml
 TokenSelectorNew 1.0 TokenSelectorNew.qml