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As the crypto industry matures, investors and developers need a full range of solutions to simplify asset management and accelerate blockchain development. DaxTech Portal offers multiple wallet technologies, a comprehensive developer console, advanced risk control features and seamless Web3 access - all in one place.
Singapore, June 27, 2024. DaxTech, a digital asset custody and wallet technology provider, announced the launch of DaxTech Portal, the world's first one-stop platform that integrates custody and wallet technologies, to provide enterprises with a simplified solution to help them build highly scalable wallet infrastructure and securely manage digital assets.
As a blockchain pioneer in the Asia-Pacific region, DaxTech serves as a key bridge between the vibrant Asia-Pacific crypto community and the global ecosystem. The launch of DaxTech Portal is an important step forward in meeting the growing demand for scalable blockchain solutions from developers around the world.
The approval of spot Bitcoin and Ethereum ETFs has made cryptocurrencies a legitimate asset class, injected liquidity into the market, and heralded the continuation of the bull market. Amid growing confidence, DaxTech has observed more institutional demand for blockchain technology to enhance traditional asset management and enrich product categories, such as tokenizing real assets.
At the same time, more and more companies and developers are building real-world applications on blockchain infrastructure, including developing payment gateways that allow businesses to accept digital assets as a form of payment.
"We are very optimistic about the market outlook. With the advancement of institutionalization, crypto finance will gradually develop into a stable ecosystem that meets the needs of the real world from 2024," said Shenyu, co-founder and CEO of QFM. "Just as the technology industry has transformed from traditional servers to cloud services, a similar trend has emerged in the crypto field. Solution providers build platforms through technology integration to connect decentralized technologies and promote development. Based on a deep understanding of industry pain points, QFM Portal is our answer to the complex problem of how to securely manage digital assets and accelerate blockchain development. It provides digital asset companies with a seamless, institutional-grade solution that enables them to easily build innovative applications."
Currently, with the surge in institutional interest, more and more developers are creating applications and services that attract mainstream attention. DaxTech has played a key role in many mainstream projects, demonstrating its leadership in driving industry innovation. DaxTech supports Merlin Chain, a well-known Bitcoin Layer 2 project, launched the industry's first Wallet-as-a-Service API for staking Bitcoin on Babylon Chain, and developed a custom multi-party computation (MPC) wallet solution for FBTC, a liquid Bitcoin asset designed to facilitate yield generation.
DaxTech Portal: Simplifying the Complexity of Digital Asset Business
Looking ahead, DaxTech Portal is committed to helping startups and large enterprises develop truly useful applications, which is an important milestone for digital asset businesses and the entire crypto industry. Similar to the technology industry's adoption of cloud service providers such as Amazon Web Services (AWS), Google Cloud Platform (GCP) and Azure, DaxTech Portal provides excellent scalability and convenience without compromising security. Its intuitive user interface has a unified dashboard and developer console, making application development and financial management simple and straightforward.
One-stop wallet platform - DaxTech Portal is the only platform in the industry that combines four different wallet technologies: custodial wallet, MPC wallet, smart contract wallet and investment wallet in one user-friendly interface. DaxTech supports more than 3,000 tokens on over 80 chains, making it easy for both industry veterans and novice users to secure their assets and build applications without extensive blockchain expertise. This versatility is applicable to a variety of scenarios, making asset interoperability between CeFi and DeFi seamless on a unified platform.
Top Security Standards – With seven years of experience in securely managing digital assets and a perfect record of zero incidents, DaxTech is the industry's gold standard. DaxTech Portal further consolidates this reputation with more advanced risk management capabilities. These features include customizable user roles, on-chain and off-chain investment risk control, business risk control, and approval processes to ensure end-to-end asset protection.
Seamless Development Environment – DaxTech Portal provides an intuitive technology stack and comprehensive developer support. DaxTech Portal has complete documentation and supports all major programming languages. Blockchain developers can quickly integrate DaxTech's Wallet-as-a-Service (API and SDK) into their applications with just a few lines of code, greatly shortening the time to market for applications. In addition, a dedicated team of crypto experts provides technical support and guidance to ensure that users can effectively utilize the full functionality of the platform even without blockchain experience.
"Our commitment to developer-friendly tools, strong risk controls, and industry-leading security technologies make DaxTech Portal stand out in the industry," said Dr. Changhao Jiang, co-founder and CTO of DaxTech. "As a platform built by crypto-native developers for developers, we deeply understand the core needs of scaling crypto businesses successfully. By providing comprehensive custody and wallet infrastructure solutions on a unified platform, we can help companies and developers of different Web3 experience levels easily use a variety of functions to simplify and secure their operations."
About DaxTech
DaxTech is a leader in digital asset custody and wallet technology, providing a one-stop wallet technology platform that enables institutions and developers to easily build, automate and securely scale their digital asset businesses.
Founded in 2017 and headquartered in Singapore, DaxTech is a blockchain pioneer trusted by more than 500 leading digital asset companies around the world, with billions of dollars in custody assets. DaxTech offers the industry's only platform that integrates four different digital asset wallet technologies - custody wallet, MPC wallet, smart contract wallet and investment wallet. DaxTech is committed to the highest security standards and regulatory compliance, has a zero-accident record, and has obtained ISO 27001, SOC2 (Type 1 and Type 2) certifications, as well as licenses in multiple jurisdictions. Due to its industry-leading innovation, DaxTech has been recognized by authoritative organizations such as Hedgeweek and Global Custodian.