Nikolas Sargeant
Magic Square, a leading Binance Labs-backed Web3 app store platform, has announced its strategic partnership with Exodus Movement, Inc.
The partnership seeks to integrate Exodus's innovative Passkeys Wallet into Magic Square’s ‘Magic Store’ and ‘Magic Launchpad.’ This will enable users to create and fund a crypto wallet in just a few taps directly within the app, boosting its security.
Magic Square explained that the Passkeys wallet allows users to create a wallet without installing a browser extension and enables them to securely login using options such as FaceID and TouchID.
Furthermore, users can complete KYC to purchase crypto with a card directly within the Magic Store. All these can be done while users enjoy a seamless multi-chain experience that supports Bitcoin, Polygon, Solana, Ethereum, Arbitrum One, Avalanche C-Chain, Base, BNB Chain, Mantle, and Optimism.
While commenting on this partnership, Michael Landsberger, COO at Magic Square, said,
“We are thrilled to integrate Exodus’ Passkeys Wallet into the Magic Store, Magic Launchpad, and across our entire ecosystem. This integration represents a significant step forward in simplifying the crypto experience, enabling our users to manage their assets securely and conveniently within a familiar interface. It also enhances the onboarding process for Web2 users as they transition to Web3, paving the way for the mass adoption of crypto across all our products.”
With Passkeys Wallet, users will enjoy increased convenience and a service that prioritizes security with Multi-Party Computation (MPC) technology. MPC boosts security by making it so that authenticating with a passkey is required for a user’s wallet to take action.
JP Richardson, CEO of Exodus, also commented that,
“Integrating Passkeys Wallet with Magic Square's ‘Magic Store’ elevates the user experience by providing a seamless and secure way to manage and spend crypto assets. This collaboration with Magic Square is a testament to our commitment to enhancing the Web3 ecosystem by making it more accessible and secure for all users.”
Magic Square is the first Web3 App Store backed by Binance Labs, designed to address user acquisition challenges, enhance user engagement, and provide a rewarding experience through its community-driven platform. With the recently released Magic Launchpad, Magic Square is now a one-stop growth solution from discovery to market release. Its platform connects high-quality users with projects, fostering meaningful interactions and growth. For more information, visit www.magic.store.
Meanwhile, Exodus wants to help the world exit the traditional finance system. Founded in 2015, Exodus is a multi-asset software wallet that prioritizes design to make cryptocurrency and digital assets easy for everyone. Available for desktop, mobile, and browser, Exodus allows users to secure and manage their digital assets through self-custodial functionality encrypted locally on their own devices, ensuring privacy, security, and complete control over their wealth.
