Devexperts Rolls Out Custom Crypto Wallet Builder for Finance Firms

[ad_1] Financial software developer Devexperts rolled out a new crypto wallet framework designed to help firms build custom digital asset storage solutions that work with their existing platforms.

The London-based company's DXwallet lets clients create non-custodial wallets tailored to their specific requirements. Firms can deploy the wallets as standalone products or bundle them with Devexperts' crypto trading infrastructure.

The wallet supports both browser extensions and mobile apps for iOS and Android devices. Built-in features include anti-money laundering checks, user analytics, and connections to third-party funding sources like PayPal.

Devexperts sees the wallet as filling a gap in institutional crypto infrastructure. The company already offers crypto trading platforms through its DXtrade system and exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term technology via DXmatch.

The new framework supports major blockchain networks and popular NFT formats. Traders get portfolio management tools with real-time market data, asset tracking, and price alerts across multiple wallet configurations.

"It is increasingly clear that crypto is here to stay, with this being reflected in regulations worldwide and amplified by the early onset of tokenization Tokenization Tokenization represents the process of substituting a sensitive data element with a non-sensitive equivalent, i.e. token, which bears no extrinsic or exploitable meaning or value. In essence, the rights to the ownership of an asset are converted into a digital token. Tokenization can be used to own an entire unit of an asset. For example, one token that represents the ownership of a piece of real estate or to split ownership of a single unity of an asset such as 200,000 tokens, each one represen Tokenization represents the process of substituting a sensitive data element with a non-sensitive equivalent, i.e. token, which bears no extrinsic or exploitable meaning or value. In essence, the rights to the ownership of an asset are converted into a digital token. Tokenization can be used to own an entire unit of an asset. For example, one token that represents the ownership of a piece of real estate or to split ownership of a single unity of an asset such as 200,000 tokens, each one represen Read this Term ," said Aleksei Babukh, Head of Division at Devexperts. "DXwallet can be built to seamlessly integrate into firms' existing software or can come as part of Devexperts' comprehensive crypto solution."

Related stories : Devexperts Rolls Out Mobile Web Interface for DXtrade Platform

Modular Design Allows Potential Future Expansion Lars Holst, CEO & Founder, GCEX

The wallet's modular architecture lets firms add new capabilities as their businesses evolve. Users can transfer funds between traditional asset platforms and crypto wallets without paying additional fees, according to the company.

"The DXwallet framework gives institutions a flexible and robust digital-asset wallet solution," Lars Holst, CEO of GCEX Group, highlighted the framework's institutional focus. "What sets DXwallet apart is its attention to what really matters in practice: simple yet powerful portfolio management, seamless asset transfers, and strong accessibility across systems."

As for GCEX, the company today (Thursday) also announced a stronger move into the crypto market by acquiring GlobalBlock, a crypto brokerage specializing in wealthy clients with more than $60 million in assets under management.

The DXwallet launch comes as financial institutions face pressure to offer crypto services while regulators worldwide develop clearer digital asset frameworks, like GENIUS Act in the US. Devexperts joins a crowded field of companies building crypto infrastructure for traditional finance firms looking to enter the digital asset space.

You may also like other Devexperts-related stories:

Financial software developer Devexperts rolled out a new crypto wallet framework designed to help firms build custom digital asset storage solutions that work with their existing platforms.