Crypto Wallet Provider Ethos Teams With ShapeShift To Bring Token Swaps To Its Wallet

News | August 13, 2018 By:

Multi-cryptocurrency wallet provider Ethos has teamed with crypto trading platform ShapeShift in order to give Ethos users access to the liquidity and exchange services for dozens of cryptocurrencies and tokens.

Based in Singapore, Ethos is building a bridge between the blockchain and existing financial institutions and systems. Its universal wallet enables anybody to securely safe-keep their own crypto assets easily, safely and for free. The wallet is built on Bedrock, a foundation platform that abstracts and makes blockchains more accessible, secure and compliant for both people and financial institutions.

Based in Switzerland, ShapeShift operates several crypto products including ShapeShift.io, CoinCap, Prism and KeepKey. Its primary service, ShapeShift.io, is an online marketplace where users can buy and sell digital assets. It enables users to safely trade bitcoin (BTC), ether (ETH), Litecoin (LTC) and other major blockchain-based tokens and assets.

Under the partnership, ShapeShift.io will be integrated to the Ethos wallet to enable users to securely exchange and swap coins without any intermediaries. The integration will allow Ethos users to trade directly from their wallet with settlement and order handling abstracted and rapidly executed for the user.

“Ethos provides the infrastructure for a more robust digital economy that is truly easy to use and accessible to the average person,” says Ethos founder and CEO Shingo Lavine. “We want to partner with leading companies in the space to provide the best possible service while preserving the ideals and allure that cryptocurrencies hold.”

Ethos is also plannng to integrate ShapeShift as an offering in its Bedrock product and services. The companies said they are aiming to build regulated, enterprise-ready service offerings, which will be made available to users and institutions around the world.