Register your wallets on the Securitize platform with Metamask and Coinbase Wallet
Nov 8, 2019
These two new integrations provide a seamless way to hold your Digital Securities
Securitize delivers trusted global solutions for creating compliant digital securities and as such provides companies, funds, and institutions with a more cost-effective, efficient, and compliant way to issue and track regulated securities while improving investor relations. At Securitize, we are constantly working to better the relationship between investors and issuers by leveraging the inherent advantages of digital securities.
Digital securities are natively digital and therefore fundamentally better by almost all measures when compared to traditional securities. One such advantage is how easy and inexpensive it is to compliantly transfer and trade digital securities with near-instant settlement.
Dealing with custody and wallets, however, is not so easy. This is one area where we believe there is still a lot of friction for investors who have never had the experience of holding a digital asset, and we are constantly working to make the experience better for all investors in digital securities.
In order to manage your digital securities, you need a wallet, which is basically known in the financial world as an investment account. In the same way that you hold shares in your investment account, your wallet holds your digital securities (also known as tokens).
Wallets can be hardware-based (a physical device like a Ledger) or software-based (like a Coinbase wallet). For this post, we are talking only about software-based wallets.
Now that you know what a wallet is, how do you get one?
Securitize has enabled new methods for registering wallets within our Investor Dashboard by integrating the services of two of the most reliable players in the sector: Metamask and Coinbase Wallet.
Let’s say you want to buy tokens in a real estate opportunity (in this case, your tokens would represent partial ownership in the property associated with that offering). You have already funded your investment but you want to register a wallet where you will keep the tokens you are entitled to. Within our platform, you can access the ‘Tokens and Payouts’ tab and choose the most convenient way to do so.
We talked about how to register a wallet sending some Ether with Coinbase Wallet in the past. However, since using that method incurs costs, we bring today two free ways of registering wallets: one with a browser extension and another with a mobile app, which I will now explain respectively:
Option 1 — Register your Wallet using Metamask
Metamask is a browser extension that enables the web to communicate with the Ethereum blockchain, creating wallets in which you can store your tokens and exercise your rights as an asset holder (More on your rights below).