Invictus Capital, the alternative investment firm that offers dollar-denominated, blockchain-based investment funds, is seeking to boost crypto payment efficiency with the launch of its secure Invictus Wallet.
The digital wallet boosts transactions and transfers onto the Invictus blockchain platform, with individuals able to invest seamlessly, even with fiat currency, while also allowing for access to the broader blockchain ecosystem.
Invictus Capital CEO Daniel Schwartzkopff stated: “We are excited to announce the launch of the Invictus Wallet, a new and simplified concept that will make investing on the blockchain much easier.
“With an enormous potential in blockchain-driven investing, we would like to see the opportunity afforded not just to crypto and blockchain enthusiasts, but also to those who are less familiar with the crypto sphere and would like to get in.”
The wallet offers users an intuitive user interface designed to eradicate complexities and presents the user with a simple ‘account’ similar to what traditional investment platforms provide.
The wallet uses a combination of local encryption and Google’s battle-tested hardware encryption to keep your wallet secure. Users need to create a wallet passcode to get their own Invictus Wallet, affording them the ability to.
Mapping out the benefits of the new wallet, the firm emphasised:
- Invest & redeem investments: An easy investment process results in users receiving ‘fund tokens’ to their wallet. These fund tokens can be redeemed at any time, 24/7, with the underlying value of the redeemed tokens automatically being deposited into their wallet.
- Send & receive tokens: Fund tokens and Ether (the cryptocurrency of the Ethereum blockchain), as well as other USD-backed stablecoins, can be sent from the Invictus Wallet to any other wallet outside of Invictus Capital’s platform.
- Fiat-based buy-in: Users can buy into Invictus Capital’s funds with a bank transfer, or debit or credit card, and be granted fund tokens in exchange, stored in the Invictus Wallet provided to them.
- Easy access to a high-yield deposit: The USD-backed stablecoin, TUSD, can be directly invested from the wallet into the Invictus Margin Lending fund, which has historically returned more than 10% pa on dollars.