Supported Wallets

What Is A Blockchain Wallet?

In general, a blockchain wallet is a digital tool that allows you to store and manage digital assets. It has two main functions: custody and signing operations. However, this applies only to digital assets that establish onchain ownership and link real-world owners to wallets, such as ERC-20 tokens (cryptocurrencies) and ERC-721 tokens (NFTs). Losing access to a wallet in these cases means losing access to the tokens.

Assets tokenized through our solutions are ERC-3643 permissioned tokens. Unlike cryptocurrencies, the ownership of ERC-3643 tokens is tied to the holder’s onchain identity, making the custody role of wallets irrelevant. These tokens can always be recovered to any wallet linked to the holder’s onchain identity.

As a result, on our platform, wallets are reimagined to eliminate the traditional risks associated with custody for your token holders, serving solely as digital signing tools. This ensures security, flexibility, and peace of mind, even when your investors are using self-hosted (non-custodial) wallets, like Metamask.

Custodial Wallets vs. Non-custodial Wallets

We usually talk about custodial wallets when a third-party keeps and/or manages the private keys of the wallet. Custodial wallets solutions enable a high-level of automation and security, but can be subject to operational constraints linked to crypto-assets regulations.

Non-custodial wallets are managed directly by the end-user. With recent developments, they are now much easier, secure and cost-effective to use and are probably the future of this industry.

What Wallets Do We Support?

At Tokeny, we remain agnostic when it comes to wallet solutions. Thanks to ERC-3643’s compatibility with all ERC-20 applications, our solutions support any ERC-20-compatible wallets. We offer two options to meet your needs and those of your investors:

• Connected Wallets
• Integrated Non-custodial Wallets