Wirex Beefs Up Crypto Wallet with NFT Support to Onboard Millions Into the World of NFTs

Wirex has launched NFT functionality for its crypto wallet to onboard its massive userbase of 4.5 million onto the world of digital art and collectibles.
Image source: financialit.net

Quick take:

  • Crypto wallet company Wirex has launched NFT functionality to scale its product offering.
  • The company is pivoting to the world of non-fungible tokens to tap onto the expansive growth of the industry. 
  • Wirex, which claims to have 4.5 million users says its services NFT wallet service will be interoperable with multiple blockchains.

Leading crypto wallet service provider Wirex is launching NFT functionality support to onboard its 4.5 million users onto the world of non-fungible tokens (NFTs). The company announced on Tuesday that the new features will also allow users to pay directly via Google Pay and Apple Pay.

Wirex users around the globe will now be able to add NFTs to their wallets, enabling them to put all their crypto-related assets in one place. 

NFT enthusiasts will be able to purchase non-fungible tokens from leading marketplaces including OpenSea, within the wallet.

Wirex’s crypto wallet comes with a unique biometric-based security system, which removes the need for private keys, giving wallet users direct access to their NFTs. The wallet also utilizes multiparty computation (MPC), which offers top-notch security by ensuring only authenticated owners gain access to their NFTs.

Commenting on his company’s decision to scale product offering to NFTs, Wirex co-founder and CEO, Pavel Matveev highlighted the wallet’s growing popularity among hardcore crypto enthusiasts due to its intuitive UX and market-leading security features and technology.

“With NFT ownership growing at an unprecedented rate, the addition of NFTs to the Wallet will connect NFTs to the real world and give added layers of security and trust like never before to them. Flexibility and choice will be a key component, by expanding the payment methods for multiple blockchains, further widening access and appeal,” he added.

The new NFT support is part of Wirex’s and NFT project Tori Zero’s integration process after announcing a partnership. 

James Wildbore, Co-Founder of Redlab Studio, said: “Last week, we launched our newest NFT collection, which is the first virtual idol project in the blockchain industry. The timing is great since Wirex Wallet users can now store these NFTs within the Wallet.”

The companies are planning more collaborations in co-branded products and payment solutions over the coming months.

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