Bitso, a Latin American digital asset platform, has announced a new digital wallet, which will be made available to its users beginning May 13th.
According to a statement distributed by the firm, the Bitso Web3 Wallet has been created to interact with Web3 applications (dApps) and manage their digital assets, including NFTs. At launch, the wallet is expected to support 5 networks: Ethereum, Polygon, Arbitrum, Base, and Optimism).
Daniel Vogel, CEO and co-founder of Bitso, said the digital wallet puts his complaining in the future of their industry.
“With Bitso Web3 Wallet we hope to open countless possibilities for our users to access multiple opportunities in the crypto world through various blockchains. They can hold and exchange tokens and NFTs, connect with dApps, and make the decentralized web a reality. We are excited to be that gateway to Web3.”
Bitso describes Web3 as leveraging blockchain technology so as to enable digital connections without intermediaries. At the same time, people can regain control over their data, their privacy, and a decentralized internet. The company predicts that the global market value of Web3 will reach $6.63 billion by 2024 and $177.58 billion by 2033, with a compound annual growth of 44.1%.
Bitso reports over 8 million individual customers and 1700 institutional clients. Founded in 2014, it employs 500 individuals in 35 countries.
