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Exodus Passkeys Wallet Aims to Simplify Web3 Onboarding

Jul 9, 2024 at 03:10

Exodus, a prominent self-custodial cryptocurrency wallet provider, is expanding its reach with the introduction of the Exodus Passkeys Wallet. Announced on July 9 by Exodus Movement, the U.S.-based company behind the Exodus wallet, this new tool is designed to integrate seamlessly into any application, facilitating Web3 onboarding and decentralized application (DApp) integration.

Simplified Integration and Enhanced Control

The Exodus Passkeys Wallet allows users to create and fund their wallets directly within any platform or application. This solution eliminates the need for seed phrases, browser extensions, or email verifications, thus significantly simplifying the user experience. According to Exodus co-founder and CEO JP Richardson, users can generate a wallet, or “Passkey,” with a single click and integrate it into an application in under 10 minutes using just a few lines of code.

Security and Self-Custody

Built on Multi-Party Computation (MPC) technology, the Passkeys Wallet enhances security by distributing private key control among multiple parties. This ensures that users maintain full control over their assets while benefiting from additional safety features like transaction limits.

Broad Blockchain Support

The Exodus Passkeys Wallet supports Ethereum Virtual Machine (EVM), Bitcoin (BTC), and Solana (SOL), offering users access to a wide range of blockchain ecosystems and DApps. Users can sign up for the waitlist to be among the first to test this new wallet through the Passkeys Foundation link.

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About Exodus

Launched in 2016, Exodus has become one of the leading self-custody crypto wallets, supporting over 50 crypto networks without requiring users to create an account. In 2021, Exodus became a publicly traded company through a listing with broker-dealer tZero.

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