Wallet-as-Platform

Definition ∞ A Wallet-as-Platform is a digital wallet that extends beyond basic asset storage and transaction capabilities to offer a broader suite of decentralized finance (DeFi) services and applications. This type of wallet integrates features such as swapping, staking, lending, and access to decentralized applications directly within its interface. It aims to be a central hub for digital asset activities.
Context ∞ The evolution of wallets into comprehensive platforms represents a significant trend in user experience within the crypto ecosystem, simplifying access to diverse DeFi services. Competition among these platforms focuses on security, ease of use, and the breadth of integrated functionalities.