Venly, the leading blockchain technology provider, has announced that its suite of web3 tools now support Arbitrum, the layer-2 scaling solution for Ethereum. The announcement marks the fourteenth blockchain supported by the Venly's Wallet Solutions, and the seventh across all of Venly’s products.
“Arbitrum One, a testament to blockchain innovation, embodies the qualities of efficiency, scalability, and trust,” said Venly CPO Karel Striegel. “With its lightning-fast transactions and robust infrastructure, it unlocks a new era of decentralized applications, empowering users with unparalleled speed and security."
Arbitrum is renowned for its ability to enhance transaction speeds and reduce fees. With this integration, Venly customers can expect lightning-fast transaction confirmations and lower costs, facilitating seamless and efficient interactions with dApps. This improved user experience will drive higher engagement rates and enable Venly customers to grow their user bases even further.
"Arbitrum integration represents a significant step forward in our mission to empower brands, developers and users of web3,” said Venly CEO Tim Dierckxsens. “This announcement reaffirms our commitment to driving blockchain adoption in the mainstream."
In today's rapidly evolving digital landscape, businesses across industries are seeking innovative solutions to enhance their offerings and engage customers. Venly assists businesses to adopt blockchain technology and bridge the gap between the current Web2 environment, and the Web3 future. Its suite of developer tools are now perfect for builders and developers working on Arbitrum One.
Venly Wallet Solution support for Arbitrum is now live, allowing users to seamlessly connect their Venly Wallets to the Arbitrum network. Support for the Venly Market and NFT Tools will be available starting next week.
By offering user-friendly tools and integrating with Arbitrum's scalable infrastructure, Venly empowers businesses to navigate the blockchain landscape with confidence and maximize the potential of their digital endeavors.
Venly is a blockchain technology provider creating tools and products to help companies benefit from blockchain technology. We provide a complete technology stack to bring brands, apps, games and platforms into Web3. We help businesses integrate Web3 technology & onboard users seamlessly. We are making blockchain accessible for everyone.
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Arbitrum is a layer 2 scaling solution for Ethereum, designed to enhance the scalability and usability of decentralized applications. By leveraging off-chain transactions, Arbitrum significantly improves transaction speeds and reduces gas fees on the Ethereum network, without compromising on security and decentralization. It provides developers with a powerful solution to build high-performance dApps that can scale to meet the demands of a global user base.