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Uphold Vault named one of the best brand initiatives of the year at Paris Blockchain 2024PARIS, April 25, 2024 (GLOBE NEWSWIRE) -- At the second annual 2024 Paris Blockchain Week Industry Awards this year, Uphold, the global web3 financial platform, was named among the five finalists in the Best Brand Initiative of the Year category for its assisted self-custody wallet solution, Vault. On April 11th, nominees gathered for the prestigious awards ceremony during Paris Blockchain Week, which recognized pioneers and visionaries that are shaping the blockchain and web3 landscape. "We’re honored that Uphold Vault has been named one of the Best Brand Initiatives of the Year,” said Simon McLoughlin, CEO of Uphold. “We developed Vault to address the growing need for users in the crypto space to easily and safely secure their assets while being able to trade on a trusted platform like Uphold.” Uphold created Vault, an assisted self-custody wallet, to simplify securing digital assets and give users the best of both worlds: the convenience of centralized financial (CeFi) applications, combined with the security of self-custody. Vault also includes a key replacement feature to reuce the risk of irrecoverable fund loss. Now supporting XRP and BTC, Vault is a multi-chain, assisted self custody wallet with additional XRP based assets, and L1 chains such as XLM and XDC set to launch throughout 2024. For more information, please visit www.uphold.com/vault. About Uphold Uphold is regulated in the U.S. by FinCen and State regulators; and is registered in the UK and Canada with the FCA and FINTRAC respectively and in Europe with the Financial Crime Investigation Service under the Ministry of the Interior of the Republic of Lithuania. To learn more about Uphold’s products and services, visit uphold.com. For media inquiry
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