• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • CryptoSphere, Wrocław (February 4, 2023)
    • TMRW, Dubai (February 8-10, 2023)
    • European Blockchain Convention, Barcelona (February 15-17, 2023)
    • Blockchain Fest, Singapore (February 16-17, 2023)
    • Blockchain Economy Summit, London (February 27-28, 2023)
    • Paris Blockchain Week (March 20-24, 2023)
    • GAIN Expo, Amsterdam (May 4-5, 2023)
    • Blockchain Expo North America, Santa Clara (May 17-18, 2023)
    • COMEX, Oman (May 22-25, 2023)
    • BLOCK3000: Blockchain Battle, Lisbon (July 6-7, 2023)
    • NFT Show Europe, Valencia (July 14-15, 2023)
    • TOKEN2049, Singapore (September 13-14, 2023)
    • Blockchain Expo Europe, Amsterdam (September 26-27, 2023)
  • Past Events
    • Event Horizon
    • Blockchain Life
    • BlockShow Europe

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies


Join us on Telegram: https://t.me/crypto_reporter
Visit Paris Blockchain Week on March 20-24, 2023
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Digital Banking Platform Cogni Launches Multi-Chain Wallet To Integrate Web3 Into Web2 Offerings

December 21, 2022 By Business Wire

Non-Custodial, Multi-Chain Wallet is First-of-Kind Offered Among Web2 Banking Services

NEW YORK--(BUSINESS WIRE)--Cogni, the lifestyle-focused banking platform bridging the gap between Web2 and Web3, has announced the launch of its new Multi-Chain Wallet, the first of its kind to integrate Web3 services within a traditional Web2 banking platform. This integrated, non-custodial wallet couples accessibility with security in Web3 to ensure users maintain full control over their own private keys.


“The average consumer struggles to adopt Web3 services due to poor integration within existing platforms and overly complex user experiences,” said Archie Ravishankar, founder and CEO of Cogni. “This Multi-Chain Wallet is proof that Web3 services can reinvigorate traditional banking products and place more financial control in a consumer’s hands than ever before.”

While Cogni’s existing platform offers traditional Web2 banking services, this Multi-Chain Wallet adds a new dimension to the platform’s offerings. The wallet supports blockchains including Binance, Bitcoin, Ethereum, Litecoin, Solana, and others, while accommodating non-fungible tokens (NFTs) on all supported blockchains. Users will be able to hold their NFTs, and other non-fungible tokens across multiple blockchains, all in the Cogni app. Users will also be able to send, receive, and store cryptocurrencies and NFTs to easily readable wallet addresses using Unstoppable Domains integration (ERC 20, 72, 1155 contracts).

Unlike major crypto exchanges, Cogni’s users maintain sole ownership of the private keys that control their digital assets. These security measures are grounded in the wallet’s multi-party computational technology that enables recovery options, and ensures users have the security, safety, and compliance of traditional banking integrated into the Web3 ecosystem.

“We are proud to launch this new wallet as a conduit for traditional banking services and Web3 experiences to coexist seamlessly, and safely,” said Simon Grunfeld, Head of Web3 at Cogni. “Cogni welcomes increases in regulatory oversight to ensure that all users have absolute confidence in their platforms.”

In this rapidly evolving regulatory environment, Web3 compliance is crucial to ensure a seamless and safe digital experience for all consumers. Users now have higher requirements for due diligence from their platforms, and this Multi-Chain Wallet propels Cogni as a frontrunner in regulatory compliance.

Cogni’s new Web3 offerings expand its lifestyle-focused services beyond the confines of traditional Web2 digital banking. With new Web3 banking products on the horizon, Cogni plans to continue to offer users frictionless access to traditional, and non-traditional financial services.

About Cogni

Cogni is a leading lifestyle-focused digital banking platform founded in 2018. We give members zero-fee banking, access to 55,000 free ATMs worldwide, single-use cards, and access to discounted gift cards. Cogni also allows users to track carbon emissions on each transaction. Cogni aims to bridge the gap between Web2 and Web3 services by building a fully compliant, digital banking experience for mainstream user adoption with unique features. Cogni is headquartered in New York City, with a second office in San Francisco.

The company’s investors include Hanwha Asset Management, CXO Fund, Solana Capital, ROK Capital, 35 Ventures, Bluewatch Ventures, World Quant, Hard Yakka, and other angel investors and venture capital firms. To learn more about Cogni, visit http://getcogni.com or download our app on the App Store or Google Play.


Contacts

Bevel
cogni@bevelpr.com

Filed Under: News Feed

Primary Sidebar

Follow Us

Press Releases

OKB and Filecoin (FIL) Price Prediction – Orbeon Protocol (ORBN) Presale enters a New Fourth Stage

February 4, 2023

World Cup Inu (WCI) is now on Lbank Exchange, Enjin Coin (ENJ) launches latest wallet version, While Orbeon Protocol (ORBN) gives amazing return

February 2, 2023

Europe’s most influential blockchain & crypto event returns to Barcelona

February 1, 2023

METACO Harmonize Selected by DekaBank as Core Platform for Institutional Digital Asset Offering

February 1, 2023

Oasys to be Listed on Leading Japanese Crypto Exchange, bitbank

February 1, 2023

Cryptosphere

TMRW

EBC 2023

Blockchain Fest Singapore 2023

Blockchain Economy London 2023

PBW 2023

GAIN Expo 2023

Blockchain Expo North America 2023

COMEX 2023

Blockchain Expo Europe 2023

Blockchain Expo Global 2023

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2023 Crypto Reporter