Grand Cayman, Cayman Islands, May 23, 2024, Chainwire
With the addition of the Mesh platform, Sui Wallet will achieve product parity with the world's largest self-custody wallets, while Mesh now natively supports the SUI token.
Sui, the pioneering Layer 1 blockchain that delivers industry-leading performance and near-infinite horizontal scaling, and Mesh, the leading integrated financial solution for crypto, today announced the integration of seamless technology from Mesh digital asset transfer and account aggregation with Sui Wallet and all others. wallets within the Sui ecosystem that adopt the tooling.
With Mesh integration, Sui Wallet users can view their aggregated asset balances across hundreds of exchanges and wallet platforms, and transfer those assets with a single click, all without ever having to leave the Sui Wallet interface. This unique integration adds a new layer of interoperability, scaling, asset management, and token swapping directly into the Sui Network's native wallets, as Sui's technology stack continues to segregate itself from other blockchains. The portfolio tool is expected to go live this year.
As part of preparation for wallet integration, Mesh now supports the SUI token across all of its products, facilitating seamless digital asset transfers, payments, account aggregation, and trading of the token on over 300 leading crypto wallets and exchanges.
Founded in 2020, Mesh has quickly established itself as a leader in integrated finance. The company has recently partnered with major platforms such as CoinDCX and MetaMask, and is trusted by PayPal Ventures, which made a strategic investment in the startup using its stablecoin PYUSD.
“Mesh tools provide wallet providers in the Sui ecosystem with a huge technological advantage and provide the Sui community with a native wallet experience unmatched on other blockchains,” said Greg Siourounis, Managing Director of the Sui Foundation. “Native wallets are fundamental to increasing access and driving growth and adoption for any network, and Sui now has a clear advantage in this regard.”
This latest collaboration with Mesh continues Sui's trend of offering developers and users unique implementations of technologies that facilitate adoption and make blockchain accessible to mainstream users at both the enterprise and retail levels.
For example, zkLogin is an on-chain authorization, unique to Sui, that allows users to authenticate to decentralized applications using the traditional OAuth providers like Google and Twitter that they have become accustomed to and removing the barrier of managing wallet addresses and seed phrases. zkSend is a Sui-exclusive app that uses zkLogin to allow users to send and claim tokens by sharing or clicking a link. As with these innovations, with Mesh integration, Sui is now able to deliver one of the most advanced and seamless user experiences in the industry.
“Our collaboration with Sui unlocks powerful tools and interoperability for the millions of wallets in the Sui network and represents a crucial development in our mission to build a more connected and secure financial ecosystem,” said Bam Azizi, co-founder and CEO. CEO of Mesh. “This is our first direct integration with the flagship native wallet of a layer 1 blockchain, and soon, wallets in the Sui ecosystem will be able to integrate with the Mesh platform, creating a much better experience for users around the world.”
Sui Foundation
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