NuFi wallet, a multichain non-custodial wallet, recently completed integration of Flow blockchain to offer its users access to the latter’s growing ecosystem.
NuFi allows crypto users to safely store, stake, and trade cryptocurrencies (Solana, Cardano, Flow) and store NFTs. NuFi offers full control over the management of the staking of supported cryptocurrencies and runs its own reliable validator nodes on all supported blockchains. NuFi supports Trezor and Ledger hardware wallets.
The integration allows Flow token holders to use NuFi’s non-custodial Ledger-compatible wallet to store and stake $FLOW. This is the first step in a 3-phase plan that will make NuFi the only wallet to offer $FLOW staking, a Flow NFT gallery, a Chrome extension with dApp connector, and – for the first time ever – secure storage for Flow NFTs using a Ledger hardware wallet.
Flow, launched by NBA Top Shot maker Dapper Labs, is a blockchain platform designed for a new generation of games, dApps, and the digital assets that power them. The layer-one blockchain is built by a team that has consistently delivered great consumer blockchain experiences, including big blockbuster Web3 projects like CryptoKitties, Dapper Wallet, NBA Top Shot.
NuFi said in a press release shared with AlexaBlockchain that its integration with the Flow blockchain is part of its mission to become the top non-custodial wallet in the Proof-of-Stake blockchain space.
This partnership expands not only NuFi’s services but also its community. The platform is entering the Flow ecosystem to offer non-custodial security, privacy, and control, with convenience and functionality.
NuFi is entering the Flow ecosystem with a 3-phase plan to marry non-custodial security, privacy, and control, with convenience and functionality.
Michal Petro, NuFi’s CEO, said:
“Integrating Flow is the perfect choice for NuFi. Flow’s great potential as a blockchain and its unprecedented growth in the NFTs space can help NuFi to further establish itself as the best and most complete non-custodial multi-chain wallet on the market. NuFi’s experience as a staking validator, its NFT gallery, and the upcoming Chrome extension with dApp connector can provide a significant contribution to the Flow ecosystem and its community.”
The first phase sees NuFi enter the Flow ecosystem to provide a wallet solution unlike anything else: non-custodial, hardware wallet-compatible $FLOW staking and storage for Flow tokens and FUSD/USDC stablecoins, alongside a well-designed NFT gallery for users to manage their Flow collectibles. NuFi is the only wallet that offers all of this functionality side by side in a single interface.
In the second phase, users will be able to connect to their favorite Flow dApps (through NuFi’s Chrome extension dApp connector) without compromising privacy or control.
The third phase is the most exciting; in partnership with Flow and Ledger, NuFi will be developing Ledger support for Flow blockchain NFTs. For the first time ever, collectors of Flow NFTs will be able to store any of their collectibles in a hardware wallet.
To support this integration, Flow awarded a grant to NuFi that will be used, not only to contribute to the Flow ecosystem, but also to add Flow NFTs support to the Ledger Firmware.
Commenting on this development, Layne LaFrance, Flow’s Product Lead, said:
“Helping people manage their FLOW and visualize their NFTs will make NuFi a one-stop-shop for those using Flow.Visualizing NFTs in wallets is especially impactful to the ecosystem.”
Earlier this month, Flow blockchain launched a $725 million fund to invest in applications and growth for its blockchain ecosystem.
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