Kresus Tipped by Collectibles.com in Tokenization Revolution

Collectibles.com tips Kresus as its preferred wallet.

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  • Kresus is getting increased recognition in the Web3 space.
  • Collectibles.com has tipped Kresus as its wallet partner.
  • Kresus’ wallet service will play a key role on Collectibles.com’s platform.

Kresus continues to gain new partnerships and recognition as it expands the offerings of its Web3 ecosystem. Following a partnership with Coinflow Labs to integrate a USDC off-ramp for its wallet service, the firm has now been tipped as the wallet partner for Collectibles.com, a Web3 marketplace for tokenized collectibles set to launch in October 2023.

Kresus Chosen as Wallet Partner for Collectibles.com

In a press release on Thursday, September 28, Kresus disclosed that it had been chosen as the preferred wallet for Collectibles.com

As a result of the partnership, Collectibles.com will give users the chance to create or connect existing Kresus wallets to their accounts on the platform, which, at launch, will allow for trading of all types of collectibles, including sports cards, comics, and signed memorabilia, on the blockchain.

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Commenting on the development, Kresus CEO Trevor Traina expressed excitement at the opportunity for the firm’s wallet service to play an essential role on Collectibles.com’s platform.

"As their preferred wallet provider, we are truly excited to be part of Collectibles.com's journey. The platform is a godsend for passionate collectors the world over, and our secure and user-friendly Kresus wallet will play a key role in introducing collectors to the world of web3," he enthused.

Kresus asserted that as the wallet provider of Collectibles.com, users can rest easy about the safety of their assets. Collectibles.com has yet to respond to a request for comment on the number of sign-ups the platform reached.

On the Flipside

  • Collectibles.com is yet to launch, and the platform’s exact launch date in October remains unclear.
  • Platforms like Courtyard.io hosted on the Polygon network have already hit the ground running with the same service that Collectibles.com intends to offer.

Why This Matters

Collectibles.com intends to bring the billion-dollar collectibles marketplace to Web3. Collectibles.com’s decision to entrust the safety of customer assets to Kresus highlights the growing trust and recognition that the Web3 developer is garnering in the industry.

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Read this to learn more about Kresus’ USDC ramp:
USDC Off-Ramp: Kresus Offers $100K Withdrawals with No Fees

Find out what Ethereum’s Holesky testnet brings to the table:
Here’s What Ethereum’s Holesky Testnet Brings to the Table

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Okoya David

David Okoya is a crypto news reporter at DailyCoin based in Nigeria. He covers various topics related to the cryptocurrency industry, including exchanges, regulations, and price movements, and strives to bring fresh angles to breaking news. With experience as a freelance crypto news writer, David upholds the highest journalistic standards, telling complete stories and answering lingering questions whenever possible.