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<p class="is-style-lead">Solana decentralized exchange aggregator Jupiter has expanded its reach by acquiring Ultimate Wallet, a self-custody crypto wallet firm.</p> 
<p>The purchase is part of Jupiter’s strategy to enhance its mobile capabilities and attract millions of new users. According to Jupiter’s <a href="https://twitter.com/JupiterExchange/status/1782763939840884932" data-type="link" data-id="https://twitter.com/JupiterExchange/status/1782763939840884932" target="_blank" rel="">announcement</a>, adding Ultimate Wallet marks the beginning of its mobile initiative, which is set to enter beta testing in May.</p> 
<p>The company plans to integrate Ultimate Wallet’s technology and team into its mobile platform, <a href="https://crypto.news/tag/jupiter/" rel="">Jupiter</a> Mobile, to accelerate its development and improve user experience.</p> 
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<p> You might also like: <a href="https://crypto.news/sec-delays-franklin-templeton-spot-ethereum-etf/" rel=""> SEC delays Franklin Templeton spot Ethereum ETF </a> </p> 
<p>“We’re excited to share that Ultimate and our mobile team has been acquired by Jupiter, Solana’s leading exchange,” Ultimate Wallet confirmed in the <a href="https://ultimate.app/blog" data-type="link" data-id="https://ultimate.app/blog" target="_blank" rel="">announcement</a>.</p> 
<p>The company assured users that funds were safe and provided details about the transition, including the sunset date for the current Ultimate app, May 22.</p> 
<p>The acquisition of Ultimate Wallet aligns with Jupiter’s goal of expanding its user base and enhancing its mobile offerings, signaling further growth in the decentralized finance (<a href="https://crypto.news/tag/defi/" data-type="link" data-id="https://crypto.news/tag/defi/" rel="">defi</a>) space.</p> 
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   <p lang="en" dir="ltr">📱We’re excited to share that Ultimate and our mobile team has been acquired by Jupiter, Solana’s leading exchange. Jupiter has grown to become the #1 place to trade on Solana regularly clearing $10B+ weekly volume. Now they extend their product offering into native mobile.</p>— Ultimate Wallet (@UltimateApp) <a href="https://twitter.com/UltimateApp/status/1782766416292438329?ref_src=twsrc%5Etfw" target="_blank" rel="">April 23, 2024</a>
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<p>Back in February, Jupiter airdropped its <a href="https://crypto.news/price/jupiter/" data-type="link" data-id="https://crypto.news/price/jupiter/" rel="">JUP</a> token to many investors who have used its aggregator tools. JUP is now Solana’s main decentralized exchange (DEX) coin.</p> 
<p> Read more: <a href="https://crypto.news/jupiter-explodes-higher-with-a-140-price-increase/" rel=""> Jupiter explodes higher with a 140% price increase </a> </p>

Jupiter acquires Ultimate Wallet for mobile expansion

crypto.news

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