Blockchain software technology firm ConsenSys has acquired Ethereum wallet interface provider MyCrypto to integrate it with its popular MetaMask wallet. ConsenSys Acquires MyCrypto When the company announced the acquisition in an official blog post on Tuesday, the company noted that MetaMask and MyCrypto will join efforts to “enhance the security of all products and create a cohesive user experience across desktops, mobile devices, extensions and browser wallets”. .” Currently, MetaMask has more than 21 million monthly active users and is one of the most popular crypto wallets due to its stability and compatibility, and provides secure solutions for users. It is also one of the best non-custodial mobile and browser extension wallets worldwide. Providing users with more security The integration with MyCrypto will not only bring MetaMask to more platforms and encourage more integrations with the wallet, but it will also provide users with an improved and secure experience. Speaking about the acquisition, Dan Finlay, the co-founder of MetaMask, said: “MyCrypto has always been one of the most reliable and intercompatible wallets in Ethereum, often delivering advanced Ethereum features over other wallets, while MetaMask has focused on overall dapp interactions.With our combined talents and our strong sense of shared ethics and goals for this ecosystem, I think we can provide a wallet experience that is much more capable of helping the users make the best decisions through this rapidly evolving Web3 wallet landscape.” While ConsenSys did not disclose the terms of the acquisition, the company noted that both wallets will continue to operate independently in the near term with the ultimate goal of merging functions and brands. Taylor Monahan, founder and CEO of MyCrypto, also noted: “With the ultimate goal of merging functions and brands. With the rapid growth of the ecosystem and products racing to deliver slick features, it is imperative that the leading wallet continues to build fundamental and secure self-preservation tools that empower the user. Combining our years of experience and shared values, we can accelerate our mission to provide users with a way to fully realize their self-sovereignty.” The unified product offering will be led by Dan Finlay and Aaron Davis of MetaMask, in addition to Taylor Monahan of MyCrypto. MyCrypto’s team of 12 employees will also join ConsenSys. SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and get $100 Free and 10% Off Fees on Binance Futures First Month (Terms and Conditions). PrimeXBT Special Offer: Use this link to register and enter POTATO50 code to get 25% off trading fees.
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