imToken, the world’s largest Ethereum digital asset wallet widely supporting 30,000 tokens, announces the release of its ARESCOIN (ARES) Wallet & Trading, as part of the company’s efforts to improve the access of digital currencies to mainstream consumers globally. With the wallet, imToken users will be able to log onto the company’s app, downloadable from https://token.im/ where they can send, and receive ARES.
Nicholas Flint, Founder and brainchild of the ARESCOIN project, explained that the release of its ARESCOIN wallet with partner imToken had long been in the company’s pipeline, “At ARESCOIN, we prioritize the safety of our users and their funds, and we have been carefully reviewing the inclusion of imToken with our platform. We are excited to add new technology to our platform and look forward to increase the access of digital currencies to mainstream consumers in Asia.”
imToken was developed by a Chinese startup called ConsensLabs, founded in 2016, and based in the city of Guangzhou. It achieved instant popularity by being the first cryptocurrency wallet in China that supported the Ethereum blockchain, such that you could use it to hold any Ethereum (ERC-20) token, such as Icon (ICX) or Auger (REP). According to Bloomberg, its users stored $35 billion in cryptoassets there over the past year; in comparison, Coinbase, says it held just over $20 billion in cryptoassets.
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