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The ConsenSys institutional version of the well-known Ethereum wallet MetaMask Institutional (MMI) has announced a strategic partnership with self-storage solutions Gnosis Safe and GK8, as well as custodians Hex Trust and Parfin. Its goal is to expand the reach and make it easier to work with DAO.
Thanks to the latest integration, MetaMask now takes into account the requirements of the DAO in terms of management decisions for participating in decentralized finance activities.
With 30 million monthly active users, MetaMask Institutional aims to provide organizations with access to DeFi and Web3 while meeting strict institutional requirements.
Last year, the platform announced integrations with BitGo, Qredo, and Cactus Custody™, bringing DeFi services to large companies in the US, Europe, the Middle East, Africa, and the Pacific.
It is reported that MetaMask Institutional will continue to meet the various requirements of organizations and DAOs in order to connect all organizations in the world using Web3. MMI currently has seven custodians that serve the needs of organizations and DAOs in various jurisdictions.
Previously, MetaMask has shown tremendous growth, surpassing the 30 million monthly active users mark. Since November last year, this figure has grown by more than 40%. The team at the popular Ethereum wallet also revealed that they are working on launching a DAO to fund the development of the app.
MetaMask recently announced the rollout of its Apple Pay integration, which allows you to purchase cryptocurrencies using a debit or credit card through a mobile app. This feature essentially eliminates the need to transfer Ethereum (ETH) from a centralized exchange to an application.
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