An Introduction to XDEFI Wallet
XDEFI Wallet is the first multi-chain web3 wallet that allows users to swap and bridge digital assets seamlessly across ten different blockchains without leaving the application. XDEFI Wallet is also natively built for DeFi and NFTs, allowing users to connect to thousands of dApps across multiple blockchains as well as view and manage their NFT collection in one central place.
XDEFI Wallet’s Multi-Chain Vision
The team behind XDEFI Wallet shares a strong belief in a flourishing multi-chain world, where users care more about the experience and value-adding products themselves than just the underlying blockchain technology. This belief is fuelling XDEFI Wallet’s vision to become the central tool to navigate this new multi-chain ecosystem, allowing its users to explore exciting opportunities in Decentralised Finance (DeFi) and the Metaverse in a safe and user-friendly way.
This vision caters for both experienced crypto veterans who want to optimise their workflows and also new joiners who are looking for guidance and safe guardrails while tiptoeing in uncharted territory.
Fuelled by Ambition and Dedication
XDEFI Wallet started its journey more than one and half years ago after it has been successfully incubated as a chain agnostic wallet by the THORChain protocol. THORChain - a leading cross-chain liquidity protocol - has been supporting the exchange of natively digital assets such as BTC, LTC or ETH but was missing a suitable wallet that also supports the storing and management of all these assets in the early days of the protocol. This need has led to the idea of a multi-chain wallet that can do so much more than its well-known competitors such as Metamask or Trustwallet.
In September 2021 XDEFI Wallet secured a $6 Series A investment round led by Mechanism Capital with the participation of DeFiance Capital, Alameda Research, Sino Global Capital, Animoca Brands, Morningstar Ventures, CoinGecko, and some of the world’s most influential thinkers in DeFi.
Then, only a few months later, XDEFI Wallet successfully completed its public IDO, raising over $19.4M in a crowd sale and Dutch auction hosted on SushiSwap’s MISO launchpad.
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This high interest by both well-versed venture capitalists and retail investors shows that XDEFI Wallet struck a nerve with crypto users as many have been less than satisfied with existing wallet solutions and at the same time saw the potential for fundamental tooling in a multi-chain world.
Today, XDEFI Wallet is the home of more than 80.000 weekly active users, enjoys a vibrant community on social media and especially Discord and has more than 40 people working on the a better and safer experience in DeFi and the Metaverse.
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