Rockwallet to the Rescue: Adopting Wyre's Customers Amid Shutdown In a move that spells relief for
Wyre users,
Rockwallet has swooped in to acquire the defunct company's entire customer base. After Wyre's abrupt exit in June 2023, which was preceded by a series of withdrawal guideline changes, Rockwallet emerged as the knight in shining armor.
Unfavorable market dynamics dealt a blow to Wyre, leading to its ultimate demise. The fallout wasn't limited to just Wyre; even collectibles giant Topps felt the impact as they relied on Wyre's services.
Rockwallet wasted no time in reaching out to Bitcoin.com News, revealing their plan to make the transition seamless. Wyre customers can expect direct communication from their former provider, complete with login details and instructions on how to reactivate their accounts on Rockwallet's platform.
Rockwallet's allure lies not only
in its user-friendly interface but also in its wide accessibility across most U.S. states. The self-custodial wallet is ready to welcome and serve Wyre's clientele with open arms.
Reflecting on Wyre's legacy, Steve Bailey, the co-founder and COO of Rockwallet, acknowledged the pioneering strides made by the fallen giant. He expressed gratitude for the chance to step up and continue the crypto journey for those left stranded.
It wasn't long ago that Bolt had its sights set on acquiring Wyre, but plans fell through in September 2022. Despite this setback, Bolt remains committed to maintaining ties with Wyre, albeit without sealing the deal.
