Wednesday, February 19, 2025

SafePal Integrates Sei V2 for Enhanced Cross-Chain Interoperability

Share

SafePal has announced the integration of Sei V2 ($SEI), marking a significant step towards enhancing cross-chain interoperability. Sei V2 is recognized as the first parallelized Ethereum Virtual Machine (EVM) blockchain, and its native assets will now be supported across the SafePal wallet suite. This integration aims to offer users a seamless experience in managing their digital assets across various platforms.

With the latest update to the SafePal wallet app, version 4.7.11, users can now store, send, and receive the native $SEI token through the SafePal mobile app, S1 hardware wallet, or X1 hardware wallet. Additionally, support for the SafePal browser extension wallet is expected to be available in the future, with updates to be provided here once it goes live.

Sei Foundation’s Role in Blockchain Growth

The Sei Foundation is committed to the growth and adoption of the Sei Network, a high-performance and low-fee blockchain. This network is designed to provide an optimal user experience for both developers and users. The foundation collaborates with the broader Sei ecosystem and potential users to promote the benefits of this Layer-1 blockchain, which is optimized for digital asset exchanges and is the first to offer a parallelized EVM.

SafePal’s Expanding Ecosystem

Founded in 2018, SafePal is a comprehensive crypto wallet suite that has garnered support from industry leaders such as Animoca Brands, Binance, and Superscrypt. The platform empowers over 15 million users worldwide by allowing them to securely engage with decentralized opportunities through its hardware wallet, mobile app, and browser extension wallet solutions.

SafePal supports over 100 blockchains and their tokens and NFTs, offering crypto asset management solutions like cross-chain swapping, trading, and yielding tools. Additionally, it provides a CeDeFi banking gateway and Visa card for users. The SFP token, a decentralized BEP-20 and ERC-20 utility token, serves as the growth engine of the SafePal ecosystem, offering benefits like discounted product purchases and rewards for token holders.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

Read more

Related Articles