SRAX SELECTS XDEFI AS WEB3 WALLET PARTNER, ENABLING SECURE ACCESS TO DIGITAL ASSETS FOR ACTIVE EQUITY INVESTORS

Los Angeles, March 05, 2024 (GLOBE NEWSWIRE) -- Los Angeles, [5 March 2024] - SRAX Inc. (OTC: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through its SaaS platform Sequire, today announced it has selected XDEFI as its Web3 wallet partner. XDEFI is a pioneering multichain cryptocurrency wallet.

The partnership will enable SRAX’s network of active equity investors to access decentralized applications and assets spanning 200+ blockchains, seamlessly and securely. In addition, SRAX clients who download the wallet will be eligible for airdrops in $XDEFI tokens and many future token airdrops.  In 2023, over $5 billion was given away through airdrops and experts believe $10 billion will be airdropped in 2024. This partnership will allow Sequire clients to reward their shareholders with valuable airdrops.  

The SRAX investor intelligence and communications platform, Sequire, tracks a global network of active investors’ buying and selling behaviors, enabling public companies to leverage those insights to acquire shareholders and engage with them. 

The XDEFI multichain cryptocurrency wallet, with over 230,000 active users, provides access to every application, asset, and NFT across every major blockchain ecosystem, including Ethereum, Bitcoin, THORChain, Cosmos, Solana, and TRON.

Emile Dubié, CEO of XDEFI, said: “Our partnership with SRAX represents a significant leap forward, as it equips active equity investors with the tools they need to access decentralized finance and explore new investment opportunities. We believe this will spur DeFi and Web3 adoption, ushering in a new stream of capital into the ecosystem. We are thrilled to be working with Chris and the SRAX team on this groundbreaking project.”

Christopher Miglino, Founder and CEO of SRAX, said: “We work tirelessly to drive value and new opportunities for the issuers on the Sequire platform and the investors who participate in our events. XDEFI represents a multichain wallet, and we are proud to partner with them to bring the world of Web3 to our users.” 

About SRAX

SRAX (OTC: SRAX) is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track their investors' behaviors and trends and use those insights to engage current and potential investors across marketing channels. For more information on SRAX, visit srax.com and mysequire.com.