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The year 2023 has been a monumental one for Blockchain.com

ByBlockchain.com Feb 26, 2024

As we bid farewell to 2023, I am thrilled to reflect on the remarkable journey we've had at Blockchain.com. It has been a year filled with groundbreaking achievements, strategic partnerships, and remarkable progress. SuperApp Launch In early 2023, we released our SuperApp, giving users a brand new experience that delivers ...

As we bid farewell to 2023, I am thrilled to reflect on the remarkable journey we've had at Blockchain.com. It has been a year filled with groundbreaking achievements, strategic partnerships, and remarkable progress.

SuperApp Launch

In early 2023, we released our SuperApp, giving users a brand new experience that delivers all your crypto needs in one place.

We noticed users often have to make the decision to either trust a third party with their private keys or go through the complex process of self-custody. In addition to this, to experience the full value of crypto, users need multiple apps — to buy, sell, access dapps, all across multiple blockchains. The Blockchain.com SuperApp solved this issue, by giving you the best of custody and self-custody all in one place. 

The SuperApp includes features such as top token movers, the latest crypto news, recurring buy improvements, in-app announcements, a decentralized exchange (DEX) aggregator, WalletConnect, and dark mode for a personalized experience.

With the success of our SuperApp, we are excited to bring these features to our web wallet in 2024. Stay tuned for updates.

New Token Support: TON (The Open Network) and Ripple

We continued to enhance our wallet offerings by adding support for two new tokens: TON (Telegram Open Network) and Ripple.

TON

Born out of the visionary mind of Telegram founder Pavel Durov, Toncoin is the native cryptocurrency of The Open Network. This close founding partnership and deep integration between Toncoin and Telegram sets this project apart. Currently allowing Telegram users to send payments within their chats, but beyond this may allow for a complete web3 ecosystem to be built within Telegram - the potential of web3 capabilities by one of the most influential figures in the tech world. 

With features like instant transactions, scalability through innovative sharding technology, support for smart contracts, and a pivotal role in network governance, TONcoin represents a significant leap forward in the crypto landscape.

Ripple

In November, we added Ripple to the Blockchain.com Wallet, a dynamic cryptocurrency that is set to revolutionize cross-border transactions, offering you faster and more affordable options right at your fingertips.

In 2012, Ripple emerged as a response to the inefficiencies of traditional cross-border payments. Founded by computer engineers David Schwartz, Jed McCaleb, Arthur Britto, and later joined by Chris Larsen, Ripple introduced a decentralized ledger technology to streamline global transactions. Ripple's blockchain infrastructure, powered by the XRP digital asset, eliminates inefficiencies and brings innovation to the world of finance. 

Blockchain.com and SoFi Partner 

In big news, we announced SoFi members' crypto accounts will have the option to seamlessly migrate to Blockchain.com, opening up new possibilities for users’ crypto experience. The exciting collaboration offers users:

  • Expanded Token Options: Beyond Bitcoin and Ethereum, Blockchain.com Wallet offers dozens of assets.
  • All-in-One Convenience: Buy, sell, swap, and self-custody your crypto—all within a single app.
  • DeFi Empowerment: Explore decentralized finance with our DeFi Wallet, giving you greater control over your assets.
  • Advanced Trading Features: Seamlessly buy, sell, access Recurring Buy, swap crypto-to-crypto, and more.
  • Educational Resources: Beyond the platform, access a wealth of educational resources to stay informed and confident in the crypto space.

We worked closely with the SoFi team to ensure a seamless transition and are thrilled to welcome SoFi users on board. 

Improved DeFi Experience and Offerings 

Blockchain.com has significantly enhanced its DeFi offerings, introducing a Decentralized Exchange Aggregator (DEX Aggregator) that serves as a peer-to-peer marketplace. This aggregator provides users with an intuitive entry point into the world of decentralized finance, allowing for the seamless swapping of thousands of tokens on the Ethereum and Polygon blockchains directly from the Blockchain.com DeFi Wallet. Crucially, users maintain control of their crypto assets throughout the process.

We also expanded our support for additional Ethereum Virtual Machine (EVM) chains, including Polygon, Arbitrum, and BNB. This expansion enables users to send, receive, hold, and trade across multiple ecosystems within the Blockchain.com platform.

Enhanced Crypto Services for Hawaii, Louisiana, and Virginia Residents

As part of our commitment to elevate the crypto experience for U.S. users, we collaborated with our crypto service provider, Bakkt Crypto Solutions to facilitate a significant upgrade for Hawaii, Louisiana and Virginia residents. 

With this upgrade, user’s can now seamlessly engage in buying, selling, and trading crypto with USD on their Blockchain.com Wallet - a pivotal milestone for our U.S. offering.

Blockchain.com Pay

We launched Blockchain.com Pay, a crypto on-ramp product designed to help web3, gaming and retail companies offer their own crypto brokerage. The service’s first platform integrations include TRON and Changelly.

As a platform, Blockchain.com Pay enables businesses to integrate the company’s robust infrastructure and access liquidity seamlessly in a single widget. The end result will be a hassle-free trading experience for end users. 

As we move into 2024, we remain committed to shaping the future of digital finance and delivering user-centric innovation. Thank you for being a part of the Blockchain.com community, and we look forward to another year of exciting advancements.

Best,
Peter Smith, Blockchain.com CEO & Founder

IMPORTANT NOTE:

Blockchain.com Decentralized Exchange Aggregator is only available in connection with your De-Fi Wallet.   Blockchain.com may connect to third-party services, decentralized exchanges (“DEXs”), and/or third party decentralized applications (“Third Party Services”). The De-Fi Services enable you to trade assets in a DEX environment through the Blockchain.com interface. When using any Third Party Services, you understand that you are at no time transferring assets from your De-Fi Wallet to Blockchain.com. 

The Blockchain.com DEX Aggregator is not available in the US.

Important Note:
This information is provided for informational purposes only and is not intended to substitute for obtaining accounting, tax or financial advice from a professional advisor. The purchase of crypto entails risk. The value of crypto can fluctuate and capital involved in a crypto transaction is subject to market volatility and loss. Digital currencies are not bank deposits, are not legal tender, and are not backed by the government. Blockchain.com’s products and services are not subject to any governmental or government-backed deposit protection schemes. Legislative and regulatory changes or actions in any jurisdiction in which Blockchain.com’s customers are located may adversely affect the use, transfer, exchange, and value of digital currencies.
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