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You are at:Home » RockWallet Acquires Wyre’s Customer Base, Ensures Smooth Transition for Crypto Users
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RockWallet Acquires Wyre’s Customer Base, Ensures Smooth Transition for Crypto Users

“Wyre’s pioneering developments in the crypto space attracted millions of users to its platform thanks to its robust mix of product and service offerings, but their unfortunate wind-down last summer left many searching for a suitable replacement,” states Steve Bailey, Co-Founder, President and COO of RockWallet.
Arun ShakyawarBy Arun ShakyawarFebruary 15, 2024Updated:February 15, 2024No Comments3 Mins Read
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RockWallet Acquires Wyre's Customer Base, Ensures Smooth Transition for Crypto Users
RockWallet Acquires Wyre's Customer Base, Ensures Smooth Transition for Crypto Users
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RockWallet, a leading self-custodial, multicurrency wallet platform, has made waves in the digital asset landscape with its recent acquisition of Wyre’s entire base of customer accounts. This move comes on the heels of Wyre’s closure in June 2023, leaving many users searching for a seamless transition to a new platform. In what marks a significant milestone for RockWallet, the company has embarked on a mission to ensure a smooth migration for Wyre’s former clients, eliminating the need for tedious KYC processes or onboarding hassles.

The acquisition signals RockWallet’s commitment to expanding its user base and solidifying its position as a go-to platform for digital asset management. With the integration of Wyre’s customers, RockWallet aims to capitalize on the momentum generated by its robust suite of features, which includes discovering, buying, selling, and trading digital assets quickly and securely.

Steve Bailey, Co-Founder, President, and COO of RockWallet, emphasized the importance of filling the void left by Wyre’s departure. He stated, “Wyre’s pioneering developments in the crypto space attracted millions of users to its platform thanks to its robust mix of product and service offerings, but their unfortunate wind-down last summer left many searching for a suitable replacement. We are honored to have the opportunity to fill that gap and connect with Wyre’s former clients to earn their trust as we welcome them to continue their crypto journeys with RockWallet.”

One of the key advantages for Wyre’s former clients is the seamless transition process facilitated by RockWallet. Customers will receive direct communications from Wyre with login details and instructions to reactivate their accounts on the RockWallet platform. This streamlined approach ensures minimal disruption to users’ digital asset management activities while enabling them to leverage RockWallet’s powerful features.

RockWallet’s self-custodial wallet platform is available in most U.S. states and empowers users to have complete control over their digital assets. By storing, sending, and managing crypto assets on the platform, users can enjoy enhanced security and peace of mind.

Moreover, RockWallet’s support for popular digital assets such as BTC, BCH, ETH, USDT, USDC, and BSV positions it as a versatile solution for a wide range of crypto enthusiasts. The platform’s capability to expedite nano payments and facilitate instant peer-to-peer payments and global remittances further enhances its appeal in the increasingly competitive crypto landscape.

Former Wyre customers can reactivate their accounts at https://sendwyre.com.

As RockWallet continues to expand its reach and enhance its offerings, the acquisition of Wyre’s customer base underscores its strategic vision and commitment to delivering value to users. With a focus on user experience, security, and innovation, RockWallet is poised to play a significant role in shaping the future of digital asset management.

Read Also: How Will the 2024 Bitcoin Halving Impact Price, Mining Rewards, and Future Trends?

Blockchain M&A Crypto Crypto Wallet RockWallet
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Arun Shakyawar
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Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

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