SafePal and 1inch have announced a collaboration to distribute SafePal hardware wallets through a giveaway, with the intention of rewarding active decentralized finance (DeFi) users. One of our goals through this initiative is to help foster a culture of self-custody and improved security in the DeFi space. Additionally, the program will hand out 300 special-edition hardware wallets. You can win one simply by swapping with 1inch in SafePal’s mobile wallet integrated swap aggregator!

SafePal, led by CEO Veronica Wong, has collaborated with 1inch Protocol, co-founded by Sergej Kunz. Jointly, they address the increasing need for institutional-grade asset management across an emerging, or decentralized finance (DeFi), landscape. SafePal rolled out its latest generation of hardware wallets, featuring fortified security chips and support for new blockchains. 1inch is integrated with popular decentralized liquidity sources, aggregating the best rates from there, as well as centralized ones across 200+ blockchains.

"As DeFi scales, reinforcing user-owned asset management is critical." - Sergej Kunz

Ian Allison, a CoinDesk senior reporter, with a reporting beat on institutional and enterprise adoption of cryptocurrency and blockchain technology. Allison is a graduate of the University of Edinburgh. He won a Polk award, a Loeb award, and a New York Press Club award for his November 2022 scoop on FTX, the exchange that collapsed along with its leader Sam Bankman-Fried. In 2020, Allison’s work brought CoinDesk an honorable mention in the SABEW Best in Business awards.

"Walletdrops like this favor DeFi-native users and reinforce security best practices." - Veronica Wong

Ian Allison, a senior reporter at CoinDesk, focuses on institutional and enterprise adoption of cryptocurrency and blockchain technology. A graduate of the University of Edinburgh, Allison has received a Polk award, Loeb award, and New York Press Club award for his November 2022 FTX scoop, which led to the downfall of the exchange and its boss Sam Bankman-Fried. In 2020, Allison's work earned CoinDesk an honorable mention in the SABEW Best in Business awards.