Sui and Mesh Join Forces to Simplify Transactions Within the Sui Ecosystem

Grand Cayman, Cayman Islands, May 23rd, 2024, Chainwire

With Mesh now added, Sui Wallet is aligning itself with the premier self-custody wallets in the industry, while also ensuring that the SUI token is fully supported across the Mesh platform.

Today, Sui, an innovative Layer 1 blockchain known for its unparalleled performance and extensive scalability, announced an exciting partnership with Mesh, a top player in embedded finance solutions for crypto. This collaboration will bring Mesh’s efficient digital asset transfer and account aggregation technology to Sui Wallet, as well as to any wallet within the Sui ecosystem that adopts these capabilities.

Thanks to the integration with Mesh, users of Sui Wallet will have the ability to view their total asset balances across a multitude of exchange platforms and wallet services. They can also execute transfers with just one click, all while staying within the Sui Wallet interface. This innovative connection not only adds interoperability but also enhances on-ramping, asset management, and token swapping directly within wallets native to the Sui Network, distinguishing its technology from that of other blockchains. This new wallet functionality is expected to launch later this year.

In preparation for the wallet integration, the Mesh platform has started supporting the SUI token across all its services, facilitating smooth digital asset transfers, payments, account aggregation, and trading of the token on over 300 top crypto exchanges and wallets.

Founded in 2020, Mesh has quickly positioned itself as a frontrunner in the field of embedded finance. The company has formed strategic partnerships with major platforms such as CoinDCX and MetaMask, and has garnered the trust of investors like PayPal Ventures, who recently made a strategic investment using their PYUSD stablecoin.

As Greg Siourounis, Managing Director of the Sui Foundation, stated, \"The tools provided by Mesh give wallet developers in the Sui ecosystem a significant technological edge and deliver a wallet experience to the Sui community that is unmatched compared to other blockchains. Native wallets are crucial for enhancing access and driving growth and adoption across any network, and Sui is now at the forefront in this aspect.\"

This latest partnership with Mesh exemplifies Sui's commitment to offering both developers and users innovative technologies that facilitate adoption and broaden the accessibility of blockchain for mainstream audiences, whether at the enterprise level or among individual users.

An example of this is zkLogin, an on-chain authentication method that's exclusive to Sui, allowing users to log in to decentralized applications by leveraging their existing OAuth credentials from providers like Google and Twitter. This approach eliminates the need for managing traditional wallet addresses and seed phrases. Furthermore, zkSend, another Sui-exclusive application, allows users to send and receive tokens simply by sharing a link. With the integration of Mesh, Sui enhances its reputation for providing one of the industry's most seamless user experiences.

Bam Azizi, Co-Founder and CEO of Mesh, expressed, \"Our partnership with Sui unlocks powerful tools and enhanced interoperability for the vast array of wallets within the Sui Network, representing a crucial step in our goal to construct a more interconnected and secure financial ecosystem. This marks our inaugural direct integration with a flagship native wallet from a Layer 1 blockchain, and soon, wallets across the Sui environment will benefit from the Mesh platform, leading to an improved experience for users worldwide.\"

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Sui Foundation