RockWallet to onboard Wyre users after acquiring its Customer Base

The migration will allow previous Wyre clients to safely and easily continue their crypto journeys on RockWallet's platform
PRNewswireFebruary 16, 20244 min

RockWallet, a self-custodial, multicurrency wallet that makes it easy to discover, buy, sell, and trade digital assets quickly and securely, announced that it has acquired Wyre’s full base of customer accounts, following the shutdown of the popular crypto payment platform in¬†June 2023. In the first transaction of its kind for the company, RockWallet has begun contacting clients to help them seamlessly continue their journeys in the digital asset landscape, without the need for redoing KYC or going through the inconvenience of onboarding again.

Customers will receive communications directly from Wyre with log-in details and instructions to reactivate their accounts, helping them easily migrate to the RockWallet platform and benefit from its powerful features. RockWallet’s self-custodial wallet platform is available in most U.S. states and empowers users to have complete control of their digital assets – storing, sending, and managing¬†crypto¬†as they see fit.

“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,” said¬†Steve Bailey, Co-Founder, President and COO of RockWallet. “We are honored to have the opportunity fill that gap and connect with Wyre’s former clients to earn their trust as we welcome them to continue their¬†crypto¬†journeys with RockWallet.”

“As the appointed representative overseeing the wind down of Wyre, we emphasize our dedication to prioritizing customer interests and upholding stringent compliance standards,” said¬†Gregg Yorkison, Assignee. “Throughout Wyre’s operation, the commitment was unwavering in democratizing access to the¬†cryptocurrency¬†ecosystem. In assigning the customers to RockWallet, we’ve identified a company aligning with Wyre values and introducing innovative solutions. This transaction signifies a notable progression for Wyre users, and we look forward to have them onboard this user-friendly platform to meet all their digital asset needs.”

As a multi-asset platform known for its ease of use, RockWallet supports popular digital assets such as BTC, BCH, ETH, USDT, USDC and BSV, which expedites nano payments anywhere in the world for less than a hundredth of a cent per transaction and can be securely transferred without confirmation (zero-conf) to facilitate instant peer-to-peer payments and global remittances.

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