Trust Wallet, the Binance-owned cryptocurrency storage wallet, has recently partnered with Meta, to expand support for ETH and MATIC NFTs on Instagram.
— Trust – Crypto Wallet (@TrustWallet) August 4, 2022
The news was followed by Mark Zuckerberg’s announcement that they are rolling out ditigal collectibles to over 100 countries.
This way, more people, artists, creators and businesses will be able to showcase their NFTs on Instagram. Along with this, an announcement was made about the launch of Trust Wallet with Coinbase and Dapper Labs.
This was followed by a pilot phase that started in May, and users will now be able to connect their digital wallets to Instagram to start publishing their digital collections.
Meta is still betting on Metaverse despite the fact that Reality Labs, the Metaverse business unit, lost $2.8 billion in the second quarter of 2022, after posting a loss of about $3 billion in the first quarter.
The recent partnership with the tech giant will prove to be an important player for the future of Trust Wallet. Certainly, there is no denying that the partnership with Meta will pave the way for more and more opportunities in the NFT space and Metaverse integration.
Trust Wallet is well known as a cryptocurrency app and a decentralized wallet that facilitates access without registration.
In addition, it will help attract more Meta users, ultimately creating a launching pad for the future development of the project.
“We’re excited that it will help our communities connect in a whole new way,” Meta’s development team said on Twitter.
We're so glad you're helping our communities connect in a whole new way 🙌
— Meta (@Meta) August 4, 2022
This partnership should help Trust Wallet open up more opportunities for NFTs and integration into the Metaverse and attract more Meta users, creating a launch pad for future project development.
Trust Wallet is a cryptocurrency wallet and application that allows access without registration. It is a decentralized wallet that offers users secure and exclusive control of their funds.
Users’ personal information and data is not stored, which is another layer of protection. The product’s goals are described as making cryptocurrencies easily accessible on a global scale.
Trust Wallet allows users easy access to decentralized exchanges (DEX) such as UniSwap, PancakeSwap and ApeSwap, among others. Users can download the app on iOS, Android and Google Play and start using it with relative ease.
The app is compatible with all major blockchains across Decentralized Finance and offers users the opportunity to store up to 250,000 assets.
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