Samsung Wallet to be available in eight other Countries by the end of January

Samsung Wallet will be available in Brazil, Canada, and six other countries by the end of January.

Samsung Wallet

South Korean electronics giant Samsung recently announced that its cryptocurrency wallet, known as Samsung Wallet, will be available by the end of January for users in Australia, Brazil, Canada, Hong Kong, India, Malaysia, Singapore, and Taiwan.

According to the company in an official statement, since the launch of Samsung Wallet last year, its product is now available in a total of 29 countries, including the US, UK, South Korea, France, Germany, Spain, Sweden, Switzerland, and other nations.

In this regard, the head of the digital wallet team for Samsung, Jeanie Han, commented:

“Last year when Samsung launched Samsung Wallet, we committed to building an experience through partnerships with our businesses and service providers to bring access to the platform to as many people as possible. Over the past few months, we have worked to expand the availability of Samsung Wallet to more potential users. We look forward to sharing new developments in the coming years.”

Samsung and Web3

The announcement by Samsung adds to the initiatives already being driven by the tech giant in crypto and Blockchain.

The South Korean company recently launched its first Hong Kong exchange-traded fund (ETF) linked to Bitcoin futures.

This product was managed by Samsung’s investment subsidiary, Samsung Asset Management, through its local management.

By mid-October 2022, Samsung launched “Knox Matrix”, a new security system based on a private Blockchain network, which in the company’s words will guarantee the “protection of multiple devices with top-level security”.

And as if that were not enough, in early October last year, Samsung Latam launched its own space known as “House of Sam” on the Decentraland platform, with the intention of reaching users of the metaverse to bring different products and activities associated with its commercial brand.

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