[Antwerp, 10 October, 2023] — Venly, a leading web3 technology provider, has announced a major security upgrade for its wallet services, transitioning all of its wallet offerings to a non-custodial arrangement. This strategic move ensures that users maintain absolute control over their assets, aligning with industry demands for heightened security and autonomy.
By embracing non-custodial wallets, Venly grants end-users unprecedented control over their digital holdings while enhancing their security. This evolution empowers users to seamlessly access advanced blockchain offerings, including decentralized finance (DeFi) and other cutting-edge Web3 applications.
“Security is paramount in the world of digital assets,” said Venly CEO Tim Dierckxsens. “Our approach to non-custodial wallets empowers customers, while providing them with easy recovery options in a secure environment.”
The move comes without sacrificing accessibility, with Venly continuing to offer multiple advanced wallet recovery options for users who lose access, including industry-leading biometric authentication.
The transition underscores Venly's dedication to making blockchain accessible to all while safeguarding the interests and assets of its more than 5 million wallet users.
For more information about Venly's non-custodial wallet solutions, please visit https://www.venly.io/product/wallet-solutions.
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