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-service wallets, while Mesh now natively supports SUI tokenSui, the pioneering Layer 1 blockchain that offers industry-leading performance and near-infinite horizontal scaling, and Mesh, the leading embedded financial solution for cryptocurrencies, today announced the integration of Mesh’s seamless digital asset transfer and account aggregation technologies with Sui Wallet and all other wallets in the Sui ecosystem that utilize the tool.
With Mesh integration, Sui Wallet users can see their aggregated asset balances across hundreds of exchanges and wallet platforms and transfer those assets with one click, all without having to leave the Sui Wallet interface. This unique integration adds a recent layer of interoperability, performance enhancement, asset management and token exchange directly within wallets native to the Sui network as the Sui technology stack continues to separate itself from other blockchains. The wallet tools are expected to be available this year.
In preparation for wallet integration, Mesh now supports the SUI token across all of its products, facilitating seamless digital asset transfers, payments, account aggregation and token trading on over 300 leading cryptocurrency wallets and exchanges.
Founded in 2020, Mesh has quickly established itself as a leader in embedded finance. The company has recently partnered with major platforms such as CoinDCX and MetaMask and is trusted by PayPal (NASDAQ:) Ventures, which has made a strategic investment in the startup using the PYUSD stablecoin.
“Mesh tools give wallet providers across the Sui ecosystem a huge technological advantage and give the Sui community a native wallet experience that is unmatched on other blockchains,” said Greg Siourounis, managing director of the Sui Foundation. “Native wallets are fundamental to expanding access and driving the growth and adoption of 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 technology implementations that ease adoption and make blockchain accessible to mainstream users at both the enterprise and retail levels.
For example, zkLogin is an on-chain authentication unique to Sui that allows users to authenticate in decentralized applications using the customary OAuth providers like Google (NASDAQ:) and Twitter they are accustomed to, and removes the hurdle of managing wallet addresses and seed phrases . zkSend is a Sui-exclusive app that uses zkLogin to allow users to send and receive tokens by sharing or clicking a link. As with these innovations, with Mesh integration, Sui is now able to offer one of the most advanced and seamless user experiences in the industry.
“Our partnership with Sui unlocks powerful tools and interoperability for millions of wallets on the Sui network and is a key step in realizing our mission to build a more connected and secure financial ecosystem,” said Bam Azizi, co-founder and CEO of Mesh. “This is our first direct integration with a flagship native Layer 1 blockchain wallet, and soon wallets across the Sui ecosystem will be able to integrate with the Mesh platform, providing a significantly better experience for users around the world.”
contactSui Foundationmedia@sui.io
