BankSocial Announces new Wallet 2.0: The first Self-Custody, Multichain Hedera Wallet with Integrated Staking

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BankSocial®, the nation’s leading open banking platform for credit unions, today announced the launch of its new BankSocial Wallet 2.0 App, available in the App Store, Google Play. The BankSocial® Wallet is a uniquely multichain, Hedera-compatible self-custody wallet, with integrated staking capabilities.

Designed with BankSocial® exchange compatibility, including integrated KYC and staking features, the BankSocial wallet is built from the ground up to be simple, fast, and easy to use. It seamlessly connects to the BankSocial® exchange and other DEXes. Exciting new and upcoming features are supported by a secure credit union infrastructure.

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“As the industry matures, we see multichain collaboration as an important progression towards broader enterprise and individual adoption. The new BankSocial® multichain, self-custody wallet with integrated ‘one-button’ staking is a fantastic step from BankSocial towards true open banking,” said Mance Harmon, Co-founder of Hedera and Co-founder and Co-CEO of Swirlds Labs.

“The BankSocial Wallet App is the foundation for our open banking platform,” said John Wingate, Chief Executive of BankSocial. “By downloading the App, users now own an intuitive and secure tool to navigate the best web3 has to offer. This also gives credit unions a future-focused tool that can be launched immediately to their members without significant onboarding, costs, and integration times.”

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

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