Tools for Humanity Acquires iOS-native ETH Wallet Dawn Wallet
In a recent announcement, World App’s parent company, Tools for Humanity, revealed the acquisition of the popular iOS-native ETH wallet, Dawn Wallet. As part of the transition, the Dawn Wallet app will be phasing out in the coming weeks to make way for the integration into the World (WLD) project.
The acquisition of Dawn Wallet by Tools for Humanity, backed by Sam Altman, signals a new chapter for the popular Ethereum wallet. The founders of Dawn Wallet, Tom Waite and Isaac Rodriguez, have joined the Tools for Humanity team to bring advanced financial capabilities to the World network.
Security and user experience were the key focus areas of Dawn Wallet, with features such as utilizing Apple’s Secure Enclave for private key encryption and biometric authentication for access. The app also introduced an innovative AI assistant, Dawn AI, that simplified crypto transactions through a conversational interface.
With the integration of Dawn Wallet’s technology into Tools for Humanity’s stack, the World App is set to offer user-friendly DeFi operations to its user base of over 10 million registered individuals. This includes features like token swaps, bridging, and lending without the need for technical knowledge.
Notably, the World project has previously collaborated with major firms such as Circle’s USDC stablecoin, Match Group, and Visa. The acquisition of Dawn Wallet further enhances the World App’s offerings and expands its reach in the crypto space.
As the Dawn Wallet app winds down in the coming weeks, users can expect full support to transition their assets smoothly. The focus now shifts towards bringing next-generation finance to the World network, offering a seamless and secure experience for users engaging with decentralized finance tools.
Stay tuned for more updates on the exciting developments unfolding at Tools for Humanity and the World App as they continue to innovate and revolutionize the world of cryptocurrency and decentralized finance.