Exodus Announces Passkeys Wallet Integration with Blockchain.com
Rhea-AI Summary
Exodus Movement, Inc. (OTCQX: EXOD) has announced a strategic partnership with Blockchain.com to integrate fiat on-ramp capabilities into its Passkeys Wallet. This collaboration allows users to create and fund crypto wallets seamlessly, supporting multiple blockchain networks. Key features include:
1. Easy wallet creation and funding in seconds
2. KYC completion and crypto purchases available in over 50 countries
3. Enhanced security with Multi-Party Computation (MPC) technology
4. Support for Bitcoin, Polygon, Solana, Ethereum, and other major networks
5. User-friendly authentication options like FaceID and TouchID
The partnership aims to simplify crypto adoption and improve user experience, setting a new standard for accessibility and security in the cryptocurrency industry.
Positive
- Partnership with Blockchain.com expands Exodus' fiat on-ramp capabilities
- Integration allows users to create and fund crypto wallets quickly and easily
- Service available in over 50 countries, expanding global reach
- Enhanced security features with Multi-Party Computation (MPC) technology
- Support for multiple major blockchain networks, increasing versatility
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, EXOD declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Exodus’ latest strategic partnership further enhances global access to cryptocurrency
OMAHA, Neb., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (OTCQX: EXOD) (the “Company” or “Exodus”), the leading self-custodial cryptocurrency software platform, is proud to announce its partnership with Blockchain.com, a leading fiat on-ramp provider. The collaboration enhances the user experience by enabling effortless creation and funding of Passkeys wallets. By integrating Blockchain.com Pay's streamlined on-ramping capabilities with Exodus’ intuitive Passkeys Wallet, users can create and fund a crypto wallet in seconds.
The Passkeys Wallet fiat on-ramp, powered by Blockchain.com, enables users to seamlessly purchase cryptocurrency directly within the embedded wallet. Additionally, the platform enables users from over 50 countries to complete KYC and purchase crypto using a payment card, offering a comprehensive and secure solution for global crypto transactions.
“At Exodus, our mission has always been to make cryptocurrency as accessible and secure as possible for everyone,” said JP Richardson, CEO of Exodus. “By integrating Blockchain.com’s industry-leading fiat on-ramp into our Passkeys Wallet, we’re breaking down the barriers to crypto adoption.”
The Passkeys Wallet allows users to create a wallet without installing a browser extension, and enables them to securely login using options such as FaceID and TouchID. This integration not only simplifies the process but also elevates security for users, all while providing a seamless multi-chain experience that supports Bitcoin, Polygon, Solana, Ethereum, Arbitrum One, Avalanche C-Chain, Base, BNB Chain, Mantle, and Optimism. More networks will be added soon.
“Our partnership with Exodus makes it much easier for people to start using crypto,” said Peter Smith, CEO at Blockchain.com. “By combining our user-friendly buying and selling service with Exodus’ new Passkeys technology, we are setting a new standard. Our goal is to make cryptocurrency accessible and secure for everyone, and this partnership is a big step towards that.”
Passkeys Wallet enhances user convenience and prioritizes security with Multi-Party Computation (MPC) technology. MPC boosts security by making it so that authenticating with a passkey is required for a user’s wallet to take any action. The integration also allows dApps to reduce drop-off rates and grow their user base, creating new revenue streams.
For more information or to experience the new Passkeys Wallet, visit https://passkeys.foundation/.
Contact Exodus Customer Support
support@exodus.com
Contact Exodus Media Relations
exodus@dittopr.com
Contact Blockchain.com
Blockchain@greenbrier.partners
About Blockchain.com
Founded in 2011, Blockchain.com is the world’s leading crypto financial services company. Trusted by millions of users, with 85m+ wallets created to date, it provides an array of crypto products, including a secure wallet, brokerage, exchange, and on-ramp solutions for both retail and institutional markets. Known for its trusted and easy-to-use services, Blockchain.com continues to empower users around the world to control their money.
About Exodus
Exodus is on a mission to help the world exit the traditional finance system. Founded in 2015, Exodus is a multi-asset software wallet that keeps design a priority to make cryptocurrency and digital assets easy for everyone. Available for desktop, mobile, and browser, Exodus allows users to secure and manage their digital assets through self-custodial functionality that is encrypted locally on users' own devices, ensuring privacy, security, and complete control over their wealth. Additionally, users can easily access third-party providers of services that allow for an industry-leading 20,000+ pairs of digital asset swaps along with the ability to buy digital assets. For more information, visit www.exodus.com.
FAQ
What is the new partnership announced by Exodus (EXOD) on August 14, 2024?
How does the Exodus (EXOD) Passkeys Wallet integration with Blockchain.com benefit users?
Which blockchain networks does the Exodus (EXOD) Passkeys Wallet support after the Blockchain.com integration?
What security features does the Exodus (EXOD) Passkeys Wallet offer after the August 14, 2024 announcement?
