Uphold Vault named one of the best brand initiatives of the year at Paris Blockchain 2024
25 Abril 2024 - 8:00AM
At the second annual 2024 Paris Blockchain Week Industry Awards
this year, Uphold, the global web3 financial platform, was named
among the five finalists in the Best Brand Initiative of the Year
category for its assisted self-custody wallet solution, Vault.
On April 11th, nominees gathered for the prestigious awards
ceremony during Paris Blockchain Week, which recognized pioneers
and visionaries that are shaping the blockchain and web3
landscape.
"We’re honored that Uphold Vault has been named one of the Best
Brand Initiatives of the Year,” said Simon McLoughlin, CEO of
Uphold. “We developed Vault to address the growing need for users
in the crypto space to easily and safely secure their assets while
being able to trade on a trusted platform like Uphold.”
Uphold created Vault, an assisted self-custody wallet, to
simplify securing digital assets and give users the best of both
worlds: the convenience of centralized financial (CeFi)
applications, combined with the security of self-custody. Vault
also includes a key replacement feature to reduce the risk of
irrecoverable fund loss.
Now supporting XRP and BTC, Vault is a multi-chain, assisted
self custody wallet with additional XRP based assets, and L1 chains
such as XLM and XDC set to launch throughout 2024.
For more information, please visit www.uphold.com/vault.
About Uphold Uphold, named in 2024
as the Best Crypto Exchange in the UK by Forbes Advisor, is
committed to making access to the broadest offerings of crypto
tokens easy. As a web3 financial platform, Uphold serves more than
10 million customers in over 140 countries. It provides businesses
and consumers with easy access to digital assets and services.
Uphold’s unique “Anything to Anything” interface gives customers
seamless access to and between digital assets and national
currencies and precious metals. Uniquely, Uphold smart routes
orders across 30 trading venues delivering optimal execution and
superior liquidity to customers. Uphold never loans out customer
assets and is always 100% reserved. The company has pioneered
radical transparency and uniquely publishes its assets and
liabilities every 30 seconds on a public website
(https://uphold.com/en-us/transparency).
Uphold is regulated in the U.S. by
FinCen and State regulators; and is registered in the UK and Canada
with the FCA and FINTRAC respectively and in Europe with the
Financial Crime Investigation Service under the Ministry of the
Interior of the Republic of Lithuania. To learn more about Uphold’s
products and services, visit uphold.com.
For media inquiryLauren
Bukoskeylauren@serotonin.co