Backpack, a prominent exchange and wallet platform, will integrate with Sui’s high-performance blockchain, a strategic move to improve user experience and expand integration opportunities. This development, reported by the Sui Foundation, marks an important milestone for both platforms.
expand opportunities
Backpack has established itself as a versatile platform known for its seamless user experience across a variety of asset classes. Serving users in over 150 countries and boasting a transaction volume of $60 billion within a year, the integration of Backpack and Sui is expected to create numerous opportunities for the Sui blockchain project.
The integration will allow Backpack to provide Sui users with a reliable and secure wallet solution, available as a mobile app for iOS and Android and as a browser extension for Chrome. The wallet currently supports digital assets such as Solana and Ethereum, with Sui expected to be added to the list soon.
Strengthening the ecosystem
“By integrating Backpack’s fully regulated exchange with the best-in-class user experience of a non-custodial wallet, Sui has expressed its passion for collaboration across the entire ecosystem of builders, users and enthusiasts,” said Jameel Khalfan, Global Head of Ecosystem at Sui Foundation. “It is provided.”
For Sui, Backpack provides a proven platform that simplifies asset management and trading, allowing Sui ecosystem participants to participate more effectively. This integration is consistent with Sui’s goal of expanding the community and improving the overall user experience.
Multichain future
Armani Ferrante, CEO and founder of Backpack, emphasized the importance of the integration, saying, “Integrating Sui will give users access to a fast-growing ecosystem and open up new possibilities for Sui developers, projects, and traders.” The move is seen as a step towards a multi-chain future, expanding Backpack’s audience to include millions of Sui enthusiasts.
Overall, Sui’s blockchain integration by Backpack is poised to bring significant improvements to asset management and trading, benefiting users on both platforms. As the collaboration progresses, it is expected to fuel growth and innovation within the blockchain space.
For more information, visit Sui Foundation.
Image source: Shutterstock