Last week, we introduced Wirex One, our next-generation finance app built fully onchain, powered by stablecoins, and designed to feel as simple as your everyday banking app.
At the heart of Wirex One is a simple idea: your assets should stay under your control, always.
Why Ownership Matters
Recent events across the industry have shown how fragile access can be when you depend on a single, custodial platform. Most platforms today are custodial. That means they hold your private keys (your unique blockchain address), and ultimately control access to your money. If that platform freezes, fails, or is hacked, your control disappears with it.
In contrast, non-custodial means that you control your private key, along with your assets, and your money stays onchain regardless. This is true ownership, and you’ll never have to rely on any third party to hold your money
That’s the problem that Wirex One – built entirely on non-custodial infrastructure — is built to solve.
Wirex One’s True Ownership Combined with Privacy & Security
Traditional non-custodial wallets can be complicated, with a clunky user interface, long seed phrases (similar to a password), and a worry about losing access to this.
Wirex One removes that complexity, with no seed phrases or technical setup required to use it. You simply login (with your email, Google, or passkey), powered by our partnership with Privy, which securely creates and protects your private key behind the scenes, splitting it up and storing it in different places so it can’t be reconstructed (key sharding), whilst ensuring you can still access it at all times.
You get the control of a non-custodial wallet with the familiar user experience and interface of a neobank.
Security and Privacy, Built in the Architecture
Wirex One is built on Circle’s Arc blockchain, which is purpose-built network for stablecoin payments. Arc includes a privacy layer that shields transaction details, keeping it confidential, while keeping everything auditable.
Behind the scenes, your assets are protected by:
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Distributed key management
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Trusted execution environments
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A non-custodial design with no single points of failure
And with Wirex’s decade-long track record of regulatory compliance and security, SOC 2 Type II certification, and zero security breaches, you get enterprise-grade security standards with consumer-grade simplicity.
This is ownership and resilience, built into the architecture by a trusted brand from the outset, not added on top.
Wirex One will launch in the coming weeks, with more information to be revealed soon.