According to the statement made by Web3 company Trust Wallet, Binance used Trust Wallet’s new product to develop its own wallet.
Trust Wallet, today, companies Providing decentralized services to its customers can use for Wallet-as-a-Service (WaaS) introduced its product.
Companies offer WaaS to their customers asset management, inter-blockchain asset transfer It can be used to provide services such as and integrate with existing ecosystems.
The product, which can be used by Web3 organizations, central exchanges and traditional businesses, allows users to Ability to enter the Web3 world without any problems Designed for.
According to the statement made by Trust Wallet, cryptocurrency exchange Binance introduced the wallet in Istanbul today. Wallet-as-a-Service for Web3 wallet used. The statement included the following:
“Designed to simplify and secure the Web3 adventure, this Web3 wallet enables Binance’s broad user base to safely navigate this decentralized space.”
Acquired Trust Wallet in 2018 Binance’s Web3 wallet was introduced at today’s Binance Blockchain Week event. Users use this wallet directly integrated into the Binance app can use it.
Binance’s statement increases the price of Trust Wallet’s token TWT resulted in a 14% decrease.