Kana Labs & Coinstore: A Strategic Partnership
Coinstore is collaborating with Kana Labs to integrate Kana Labs’ advanced cross-chain and swap functionalities into its Web3 wallet, enhancing Coinstore’s ecosystem and providing users with a more comprehensive and streamlined experience. This partnership combines Kana Labs’ cross-chain capabilities and smart wallet technology with Coinstore’s expanding Web3 infrastructure, driving broader adoption of DeFi and GameFi by making these services more accessible, efficient, and innovative for users.
Introducing Kana Labs: Solving Blockchain Complexity
Kana Labs leads in blockchain infrastructure, focusing on simplifying DeFi, SocialFi and GameFi through an all-in-one multi-chain ecosystem that supports both EVM and Non-EVM chains. With its advanced Web3 Middleware SDK’s cross-chain bridging and liquidity aggregation capabilities and Mirai smart wallet SDK, Kana Labs addresses challenges like usability, liquidity fragmentation, and cross-chain limitations, making blockchain accessible to a broader audience and empowering developers with essential tools for Web3 integration.
Key Utilities of Kana Labs:
Cross-Chain Bridging: Kana Labs enables seamless asset transfers across blockchain networks, enhancing transaction efficiency and reducing costs for users in both EVM and Non-EVM environments.
Liquidity Aggregators: By unifying a wide range of liquidity sources, Kana ensures users can access optimal pricing with minimal slippage, improving trade execution within DeFi markets.
Mirai Smart Wallet SDK: Built on EIP-4337, this SDK features social logins, two-factor authentication, and simplified transactions, making it easier for users to interact with blockchain networks without handling complex key management.
Middleware SDK: A Web2-ready SDK that lets developers easily add blockchain functionalities to their applications, expanding access to a large multi-chain ecosystem with streamlined integration.
Paymaster Infrastructure: Kana Labs’ Paymaster infra enables sponsored transactions across multiple chains, alleviating high gas fees and encouraging user engagement by lowering entry barriers.
Ecosystem Highlights
Kana Labs’ ecosystem is designed to be comprehensive and user-friendly, supporting multi-chain integrations, the Mirai smart wallet, cross-chain bridging, and a robust DeFi platform with products like DEX aggregation, spot trading, and perpetual futures and perpetual options. The Sponsored Transactions feature further addresses gas fee issues, making DeFi and GameFi more accessible for end-users.
This strategic partnership between Kana Labs and Coinstore is set to redefine users. This partnership with Kana Labs marks an exciting chapter for Coinstore as we take a major step forward in enhancing the accessibility and usability of DeFi for our users.” said Johnson, CEO of Coinstore. “Kana Labs’ advanced multi-chain and DEX aggregation align perfectly with our mission to drive the adoption of Web3 through user-friendly, efficient solutions. We’re excited to empower our community with a seamless, cross-chain experience that opens new doors to blockchain innovation.”
experiences by offering a seamless, interconnected, and feature-rich blockchain environment, encouraging broader adoption and engagement across the Web3 ecosystem.
“We’re excited to partner with Coinstore, Asia’s top crypto exchange, to bring seamless cross-chain capabilities to millions of users,” said Karthik Subramanian, CEO of Kana Labs. “Our shared mission is to simplify Web3 interactions and open up new opportunities for both Web2 and Web3 users. This partnership is a vital step toward broadening blockchain adoption in the APAC region, and we’re thrilled to make Web3 more accessible for Coinstore’s community.”
Kana Labs Official Media
Headquartered in London, Kana Labs is a pioneering provider of Web3 infrastructure and DeFi trading services, focused on simplifying DeFi and expanding Web3 access. Through its large multi-chain product suite that supports 9 popular blockchain networks and a wide range of friendly Web3 products and services, Kana Labs bridges Web2 and Web3, empowering developers and users alike. Its mission is to drive mainstream adoption, onboarding the next billion users into the Web3 ecosystem.
About Coinstore
Accessibility. Security. Equity.
As a leading global platform for cryptocurrency and blockchain technology, Coinstore seeks to build an ecosystem that grants everyone access to digital assets and blockchain technology. With over 9.5 million users worldwide, Coinstore aims to become the preferred cryptocurrency trading platform and digital service provider worldwide.
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