Uphold self-hosted wallet Vault exits beta testing phase with three-month TVL reaching $24 million

Web3 financial platform Uphold has announced that its self-hosted wallet Vault has ended its two-month beta testing phase and achieved over $24 million in total XRP locked in the first three months. A survey of beta users found that 80% of respondents found Uphold Vault easy to understand and use when moving and managing money, and 83% of respondents switched from a free trial to a paid subscription. Vault provides users with full control over their assets by simplifying the self-hosting process and supports key recovery services. Vault plans to add BTC asset management in the Q2 update in 2024, and will support more chains and assets in the future. (Globenewswire)