RockWallet bags former Wyre users after acquiring the firm’s full customer base
US-based multicurrency wallet provider RockWallet has acquired the customer base of blockchain paytech firm Wyre in a move to fill the gap created following the winding down of Wyre’s operations last year.
“Wyre’s pioneering developments in the crypto space attracted millions of users to its platform thanks to its robust mix of product and service offerings, but their unfortunate wind-down last summer left many searching for a suitable replacement,” states Steve Bailey, RockWallet’s co-founder, president and COO.
RockWallet, a multicurrency wallet which enables users to buy, trade and store digital assets on the blockchain, aims for the move to enable previous Wyre clients to continue their “crypto journey” on the fintech’s digital platform.
Supporting popular digital assets such as BCH, BSV, BTC, ETH, USDC and USDT, the company claims to expedite nano payments across the globe in “less than a hundredth of a cent per transaction”.
Following the deal, Wyre will aid the transition process by directly communicating with its customers and providing instructions on how to reactivate their accounts on the RockWallet platform.
Wyre’s appointed representative and assignee, Gregg Yorkison, says that the enterprise has always remained committed to “democratising access to the cryptocurrency ecosystem”.
“In assigning the customers to RockWallet, we’ve identified a company aligning with Wyre values and introducing innovative solutions.”