17.5 C
New York
Monday, March 4, 2024

Buy now

A Peek Into the Wallex Ecosystem

With lots of cryptocurrency protocols in the virtual space, there’s still a need to create a balance between fiat and digital currencies. The major bridge comes on compliance and AML levels, as many people have devised their means of circumventing the necessary procedure. Wallex brings outstanding measures and is pioneering as the lead in creating stability and compliance in the world economy through digital assets.
What is Wallex?
Wallex is a technological ecosystem that offers assets and digital assets to several users to carry out their business and daily lives. It serves different individuals, businesses, exchanges, broker-dealers, fintech projects, real estate platforms, financial institutions, OTC desks, crowdfunding portals, and others. The activities of Wallex are in over 200 parts of the world, including South America, Europe, North America, Africa, Asia, etc.
The operations of Wallex cut across numerous aspects and phases of lives. Some of its services are linked to the following:

Payments
AML and Compliance
Custody
Neobanking
Trading
Tokenization
White label solutions
Decentralized investment
Wealth management
Trustee

Pillars of Wallex Ecosystem
Wallex divided its general functionality into five major pillars, namely:

Neobanking – Through neobanking, Wallet offers its customers unlimited access to several cryptos and fiat currency accounts. They could easily deposit, withdraw, exchange and spend their cryptocurrencies with cards. Also, neobanking inculcates wallet, business banking, institutional engagements, staking, and
Custody – With the Wallex custody account, users could perform different activities. They could transfer assets from the crypto accounts, make exchanges with fiat currencies, and others. Custody involves the account’s vault, Escrow, and Custody Pro.
Trust – Wallex Trust operations cut across wealth management, wealth container, tokenization, and insurance.
Pay – Payment in Wallet passes through several methods. These include payment gateway, Eurst, Tokask, and Trustchain.
Exchange – Wallex maintains several activities through its exchange. These include borrowing, earning, ProTrade and others.

Founder and CEO
The founder and CEO of Wallex is Simone Mazzuca. He applies a combination of traditional financial and blockchain technology to create a formidable, strong, and reliable ecosystem that will secure even the future. Mazzuca has several years of experience in financial consulting and was a manager of private and institutional clients in the USA, UK, and Italy.
Wallex Contributory Strategy
Wallex is building its ecosystem using a contributory strategy that helps it to improve the economy. The protocol creates a bridge for millions of investors and users such that they can easily access the dividends of the virtual space through blockchain technology.
Wallex strategy is built on the following 5 pillars:

To create a link to the new financial world.
Develop a transparent and reliable financial ecosystem.
Impact the masses on how to utilize the blockchain
Keep up good contact with the customers.
Harness its organizational structure to proper maintenance and development of talents.

Wallex Past Achievements
Wallex has made several great achievements in the past that depict the great stance of its ecosystem.
Here are some of its milestones.

Launch of Wallex Custody
Initiation and launch of the EURST project. This made a great wave for Wallex as the project enabled the pegging of fiat currency to the digital stablecoin. It’s a method to control the high volatility of digital assets.
Wallex Bank and Statutory Trust incorporation.
Launch of Wallex Bank.
Launch of Wallex 2

Wallex Future RoadMap
Wallex has laid out some plans that will help it to keep up with its strategies in providing continuous services to its customers. Some of its roadmaps include:

Launch of WLLXB V.3
Issuance of more than 13 stablecoins.
Launch of crowdfunding platform.
Launch of Tokash
Increasing its number of customers to 1 million.
Launch of asset tokenization platform.
Opening of First Wallex Store
Establish a full ecosystem and become a Commercial Trust of Digital currencies.

Christian Robinson
Christian Robinson
I’m a regular contributor to Forbes, CoinDesk, and Bitcoin Magazine, among others. My work focuses on providing analysis of the latest trends in the crypto industry, as well as offering insights into investment opportunities. I have a strong track record of identifying emerging technologies and assets that can achieve significant growth. As such, I believe that I am uniquely positioned to help investors navigate the ever-changing landscape of cryptocurrency.

Latest Articles

bitcoin
Bitcoin (BTC) $ 62,837.84
ethereum
Ethereum (ETH) $ 3,474.30
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 415.20
solana
Solana (SOL) $ 130.98
staked-ether
Lido Staked Ether (STETH) $ 3,469.51
xrp
XRP (XRP) $ 0.623980
usd-coin
USDC (USDC) $ 1.00
cardano
Cardano (ADA) $ 0.727795
dogecoin
Dogecoin (DOGE) $ 0.141092
avalanche-2
Avalanche (AVAX) $ 42.77
polkadot
Polkadot (DOT) $ 9.73
shiba-inu
Shiba Inu (SHIB) $ 0.000022
tron
TRON (TRX) $ 0.140709
chainlink
Chainlink (LINK) $ 20.57
matic-network
Polygon (MATIC) $ 1.08
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 62,709.80
uniswap
Uniswap (UNI) $ 12.78
bitcoin-cash
Bitcoin Cash (BCH) $ 470.57
the-open-network
Toncoin (TON) $ 2.66
litecoin
Litecoin (LTC) $ 90.87
internet-computer
Internet Computer (ICP) $ 13.37
filecoin
Filecoin (FIL) $ 10.61
dai
Dai (DAI) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 33.41
cosmos
Cosmos Hub (ATOM) $ 12.03
near
NEAR Protocol (NEAR) $ 4.37
immutable-x
Immutable (IMX) $ 3.27
leo-token
LEO Token (LEO) $ 4.80
blockstack
Stacks (STX) $ 3.08
aptos
Aptos (APT) $ 11.74
bittensor
Bittensor (TAO) $ 636.04
optimism
Optimism (OP) $ 4.02
kaspa
Kaspa (KAS) $ 0.167513
stellar
Stellar (XLM) $ 0.134173
hedera-hashgraph
Hedera (HBAR) $ 0.112288
crypto-com-chain
Cronos (CRO) $ 0.139675
injective-protocol
Injective (INJ) $ 41.30
vechain
VeChain (VET) $ 0.049090
okb
OKB (OKB) $ 58.90
first-digital-usd
First Digital USD (FDUSD) $ 1.00
the-graph
The Graph (GRT) $ 0.322699
lido-dao
Lido DAO (LDO) $ 3.36
mantle
Mantle (MNT) $ 0.905348
render-token
Render (RNDR) $ 7.62
celestia
Celestia (TIA) $ 16.42
arbitrum
Arbitrum (ARB) $ 2.08
monero
Monero (XMR) $ 146.05
pepe
Pepe (PEPE) $ 0.000006
theta-token
Theta Network (THETA) $ 2.40