KuCoin Wallet has officially rebranded itself as Halo Wallet, and emerged as the ultimate SocialFi ecosystem, with a fresh round of funding from KuCoin Ventures, IDG, HashKey Capital, and other Web3 strategic partners from across the globe.
The newly rebranded Halo Wallet is now an independent entity that will focus on recruiting top talent in the Web3 space and lead the next wave of industry development. This rebranding marks a significant expansion of the platform from a Web3 wallet to the broader SocialFi ecosystem, as the company aims to filter valuable and consensus investment information from massive amounts of on-chain data.
1/ We’re thrilled to announce that #KuCoinWallet has officially rebranded to Halo Wallet!🎉
With a brand new name, new logo, new UI, new roadmap, #HaloWallet is ready to innovate the next stage of #Web3 social #crypto wallet!
Learn more⬇️https://t.co/GoYVvKdYoi
— Halo Wallet (@HaloDotSocial) April 3, 2023
The Halo Wallet helps users identify high-quality investment targets, make smart investment decisions, and increase returns while hedging risks based on their risk preference. The platform will integrate a variety of on-chain and off-chain social media protocols, such as Lens and Twitter, to create a true Web3 DID, and engage with popular influencers.
Halo Wallet plans to gradually hand over governance rights of the SocialFi ecosystem to the community, encouraging more creators and users to explore trading opportunities and innovate financial models.
Jeff, the Head of Halo Wallet, believes that decentralized wallets are the most important user portal for Web3. The rebranded Halo Wallet provides enriched social functions, helps users shape their social identity in a comprehensive manner, and enables the discovery of high-quality information and opportunities from social networks.
Halo Wallet is a secure and easy-to-use crypto wallet that supports multi-chain aggregation, providing Web3 users with more efficient and deeper insights into investment opportunities through Social web. With the leading security technology audited by Hacken, Halo Wallet is a self-custody wallet with users having full control of their assets.
Halo Wallet was launched in June 2022 and has since attracted 1 million users. It is currently receiving its first round of funding from funds such as KuCoin Ventures, IDG, HashKey Capital, and others.
Regarding KuCoin, it is one of the largest cryptocurrency exchanges in the world and operates in over 200 countries. According to the latest information, the exchange is facing a lawsuit from the New York government accusing it of illegally brokering securities transactions.
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