SINGAPORE – 12 September, 2023 – As part of Singapore’s highly anticipated blockchain week, Coinbase Prime proudly introduces its latest innovation: a high-caliber web3 wallet, now fully integrated into the Coinbase Prime platform.
Kevin Johnson, VP of Institutional Sales and Trading, comments, “With the Singaporean market’s heightened interest in web3, decentralised finance (DeFi), and cryptocurrency events, we felt it was a momentous occasion to unveil our next-gen institutional-grade wallet. With this wallet, our clients can now seamlessly access crypto, NFTs, decentralised applications (dapps), and DeFi.”
- Singular Web3 Home: Easily navigate the web3 universe with Coinbase Prime, eliminating the need for numerous fragmented solutions and their associated costs.
- Onchain Ease: With the new wallet, users can oversee all onchain operations, view
- Top Features Include:
- NFT collections, and interact with DeFi positions, all while benefiting from MEV protection.
- Enterprise-Centric Design: Tailor the web3 wallet to align with unique business workflows, ensuring compliance with security policies, team member permissioning, and audit trail clarity.
- Intuitive Risk Controls: Advanced warnings, transparent transaction previews, and dapp blocklists are in place to identify potential risks and bad actors.
- Resilient Recovery Options: Even in extreme scenarios, like device loss, users can swiftly recover their wallets using innovative mechanisms.
The wallet leverages state-of-the-art MPC technology, allowing clients to:
- Store tokens from various supported networks.
- Access funds instantaneously.
- Directly engage with dapps, smart contracts, and DAO governance.
- Utilise decentralised liquidity for trading.
- Buy, sell, mint, and manage NFT collections.
- Effectively manage web3 social accounts.
Johnson continues, “Many institutions have been searching for reliable web3 and DeFi access. Our new web3 wallet addresses these needs, providing a comprehensive, integrated solution for the modern enterprise.”
This launch in Singapore reinforces Coinbase Prime’s commitment to innovation, utility, and most importantly, security. Clients can anticipate a continuation of this dedication to meeting their evolving needs in the rapidly advancing world of digital assets.