Infinex announces acquisition of Keypom
Infinex (infinex.xyz) Announces Acquisition of Keypom (keypom.xyz), Strengthening Position in Crypto Onboarding Ecosystem.
Dec 16, 2024
·2 mins read
Infinex (infinex.xyz), a rapidly growing consumer crypto platform focused on delivering the best onchain user experience, today announced that it has reached a definitive agreement to acquire Keypom (keypom.xyz), a leading provider within the NEAR ecosystem of crypto onboarding, key management and user experience solutions. This strategic acquisition is poised to significantly enhance Infinex’s NEAR chain signatures development, accelerating support for Bitcoin, Litecoin, DOGE and other major cryptocurrencies.
Under the terms of the agreement, Keypom will be acquired using a combination of cash and tokens. Both teams share a common vision of simplifying the complexity inherent in decentralized applications (dApps) and Web3 services. By leveraging Keypom’s expertise in account abstraction capabilities directly into Infinex’s platform, the combined entity aims to lower the barriers to entry for crypto users.
“This partnership marks another significant milestone in our mission to bring the next wave of users onchain,” said Kain Warwick, Founder of Infinex. “Keypom is deeply aligned with our goals of improving onboarding and retention for onchain users. By unifying our strengths, Infinex will be better positioned to deliver user-friendly interfaces that simplify how individuals and organizations interact with the next generation of crypto applications.”
Keypom’s team will join Infinex’s core working group, adding their expertise in the NEAR ecosystem and user experience to the Infinex engineering team. As a result, users can expect a rapid rollout of NEAR tech, including chain signatures, chain abstraction and cross-chain intents.
“Infinex shares our belief that the path to mass adoption of decentralized technologies lies in reducing complexity without sacrificing security,” said Ben Kurrek, Founder of Keypom. “By integrating our experience into Infinex’s core working group, we can help build interfaces that users love.”
With Infinex and Keypom prioritizing user experience, this acquisition supports the deep integration of NEAR functionality into the Infinex platform. The integration process will begin immediately, with several proof-of-concept integrations already in progress.
About Infinex (infinex.xyz)
Infinex provides access to onchain protocols, services, and applications. It is non-custodial, using a novel security architecture centered around onchain smart accounts and passkeys. Infinex currently supports six EVM and non-EVM chains, including Solana, Base, and Arbitrum. Infinex is designed to replace centralized platforms as the primary point of interaction for crypto users. To learn more, please visit https://infinex.xyz
About Keypom (keypom.xyz)
Keypom is focused on simplifying crypto onboarding and account abstraction by delivering tools that let developers seamlessly integrate secure key management, event ticketing, NFT interactions, and streamlined credential distribution into their decentralized applications. Designed to enhance user experience while upholding the highest standards of security and transparency, Keypom drives broader participation in the rapidly evolving world of Web3.
For media inquires, please reach out to:
Email: raz@core.infinex.gg
TG: @raz01