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Saturday, November 28, 2020

Scalable Solutions and Lumi Wallet Team Up In White-Label Software Deal

  • Lumi Wallet and Scalable Solutions announce a new partnership.
  • A new Lumi White Label wallet will launch in October.
  • Both companies hope to continue the push toward mass crypto adoption.

Multi-currency crypto wallet provider Lumi Wallet and white-label digital asset exchange provider Scalable Solutions inked a deal that will usher in the launch of a new Lumi White Label wallet in October.

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The Lumi wallet is a secure and trusted crypto wallet that works on web and mobile platforms, using Android and iOS. It’s designed to support a wide variety of different cryptocurrencies and tokens. Lumi-supported cryptos and tokens include: BTC, BCH, ETH, EOS, Tether USDT, Binance USD, Paxos Standard Token, Celsius, Dai, and more than 1200 ERC20 tokens.

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Lumi CEO Diane Furman said the deal with Scalable Solutions will expand Lumi’s reach. The company hopes to continue its efforts to reach both beginner and advanced investors. The deal with Scalable could help Lumi toward its goal of facilitating mass adoption of cryptocurrencies.

“Scalable is a great team of professionals who are helping LUMI WALLET grow dynamically,” said Furman. “We value their thoughtful teamwork that leads to visible results. We are looking forward to seeing a major wave of adoption on our technology with this partnership.”

Founded by Mark Berger, Scalable Solutions has been helping companies launch their own digital asset exchanges for nearly eight years through its suite of white-label software. Scalable works with both blockchain infrastructure and traditional financial markets. It seeks to bridge the gap between legacy financial instruments and next-generations assets such as cryptocurrencies.

“We believe our partnership with LUMI will prove to be a big success – both our companies have security at the core of our values and wish to make life easier for operators and end-users,” said Berger. “LUMI is a very established product that has inbuilt Web 3.0 service and therefore simplifies transactions massively.”

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