Magic Square has partnered with Exodus to integrate the Passkeys Wallet into its ecosystem, offering users a streamlined and secure way to manage their crypto assets directly within the Magic Store and Magic Launchpad.
Magic Square, a forward-thinking Web3 app store platform backed by Binance Labs, is pleased to announce its new partnership with Exodus Movement, Inc. (OTCQX: EXOD). This collaboration brings Exodus’s Passkeys Wallet to Magic Square’s ‘Magic Store’ and ‘Magic Launchpad’, allowing users to set up and fund a crypto wallet easily within the app. This integration enhances user experience with improved convenience and robust security features.
The Passkeys Wallet eliminates the need for browser extensions and supports secure logins through FaceID and TouchID. Users can also complete KYC processes and buy crypto using a card within the Magic Store, all while enjoying a smooth multi-chain experience. Supported networks include Bitcoin, Polygon, Solana, Ethereum, Arbitrum One, Avalanche C-Chain, Base, BNB Chain, Mantle, and Optimism, with additional networks to be added soon.
“We are thrilled to integrate Exodus’ Passkeys Wallet into the Magic Store, Magic Launchpad, and across our entire ecosystem,” said Michael Landsberger, COO at Magic Square. “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.”
The Passkeys Wallet emphasizes user convenience and security through Multi-Party Computation (MPC) technology. MPC enhances security by requiring authentication via passkey for any wallet action. This integration helps platforms like Magic Square decrease drop-off rates and expand their user base, creating new opportunities for revenue growth.
“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,” said JP Richardson, CEO of Exodus. “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 and Exodus are committed to fostering innovation and improving the multi-chain experience for users in the crypto space.
About Magic Square
Magic Square is the pioneering Web3 App Store, supported by Binance Labs, created to tackle user acquisition hurdles, boost user engagement, and deliver a rewarding experience through its community-focused platform. The newly launched Magic Launchpad makes Magic Square a comprehensive growth solution, covering everything from discovery to market release. The platform bridges the gap between high-quality users and innovative projects, promoting impactful interactions and growth. For additional details, visit www.magic.store.
About Exodus
Exodus is dedicated to transforming the traditional finance landscape. Established in 2015, Exodus offers a multi-asset software wallet designed with a focus on user-friendly functionality to simplify cryptocurrency and digital asset management. Compatible with desktop, mobile, and browser platforms, Exodus enables users to securely manage their digital assets with self-custodial features that ensure privacy and control through local encryption on their devices. Users can also access a range of third-party services for over 20,000 digital asset swaps and purchase options. For more details, visit www.exodus.com.