Zengo Wallet acquires stablecoin-focused Minke Wallet

Tl;dr: As Zengo’s growth accelerates, we’re delighted to welcome Minke customers to the Zengo community. In the coming weeks Minke will discontinue wallet support: Minke users should follow this guide to securely move their Ethereum and Polygon assets to Zengo.

In recent months Zengo has witnessed all-time-high performance, surpassed 1 million registered customers, and welcomed the shift in investor demand towards self-custodial wallets with no seed phrase vulnerability or specific complex hardware. The successful launch of Zengo Pro’s premium subscription service – including its industry-pioneering inheritance-style feature, reinforces Zengo’s position at the forefront of crypto wallet security, innovation, and user experience.

Today, we’re delighted to accelerate Zengo’s growth as we acquire Minke Wallet and welcome their customers to the Zengo community.

“The integration of Minke into our ecosystem is a strategic step towards broadening our services, consolidating the market, and reinforcing our dedication to security and simplicity,” stated Zengo’s CEO and Co-Founder Ouriel Ohayon. With these developments, Zengo is not just expanding; it’s revolutionizing the way people think about crypto custody and security. 

Minke is celebrated for its intuitive and user-friendly platform and has established itself as the go-to stablecoin and mobile crypto wallet for mainstream users. Its acquisition by Zengo is a testament to both companies’ dedication to delivering a secure and seamless user experience. “Identifying Zengo as the perfect partner to continue our mission was a significant milestone for us. Zengo’s unmatched commitment to a delightful user experience and unrivaled security makes it a true leader in the wallet space. We’re happy our users can continue their crypto journey there,” remarked Josh Reyes, Minke’s CEO.

Read the full press release here.

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