Invictus Capital launches wallet to allow blockchain investment through credit cards

Invictus Capital launches wallet to allow blockchain investment through credit cards

Blockchain News
June 2, 2020 by Editor's Desk
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Invictus Capital, the alternative investment firm that grants dollar-denominated, blockchain-based investment funds, declares the launch of its secure Invictus Wallet. This new digital wallet enables individuals to invest in the Invictus blockchain platform seamlessly—even with fiat currency while providing access to the broader blockchain ecosystem. Invictus Capital provides access to exciting investment opportunities in the
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Invictus Capital, the alternative investment firm that grants dollar-denominated, blockchain-based investment funds, declares the launch of its secure Invictus Wallet. This new digital wallet enables individuals to invest in the Invictus blockchain platform seamlessly—even with fiat currency while providing access to the broader blockchain ecosystem.

Invictus Capital provides access to exciting investment opportunities in the form of blockchain ‘fund tokens’ that describe underlying investment funds. The profits of tokenizing investment funds are that investors are afforded greater liquidity, more transparency, faster transactions, and increased accessibility; at a much lower cost.

A digital/blockchain wallet is a piece of software that allows access to the assets stored on the blockchain. Earlier, a prerequisite for accessing these new investment funds was knowledge about how blockchain-based wallets operated. The technical experience was the most significant obstacle to approach for new investors in the blockchain world. In launching its in-built wallet, Invictus is going closer to mass adoption by analyzing the onboarding process and making buying into blockchain-based assets easy.

The new user-friendly digital wallet is readily accessible to anyone-regardless of blockchain experience. The wallet allows users an intuitive user interface designed to abstract all complexities and presents the user with a simple ‘account’ comparable to what conventional investment platforms provide. The wallet utilizes a combination of local encryption and Google’s battle-tested hardware encryption to store your wallet secure. Users require to build a wallet passcode to get their own Invictus Wallet, affording them the ability to:

  • Invest & redeem investments: An simple investment process appears in users gaining ‘fund tokens’ to their wallet. These fund tokens can be redeemed at any time, 24/7, with the underlying value of the redeemed tokens automatically being placed into their wallet.
  • Send & receive tokens: Fund tokens and Ether (the cryptocurrency of the Ethereum blockchain) and other USD-backed stablecoins, can be transferred from the Invictus Wallet to any other wallet outside of Invictus Capital’s platform.
  • Fiat-based buy-in: Users can purchase into Invictus Capital’s funds with a bank transfer, or debit or credit card, and be given fund tokens in exchange, collected in the Invictus Wallet provided to them.
  • Easy access to a high-yield deposit: The USD-backed stablecoin, TUSD, can be immediately invested from the wallet into the Invictus Margin Lending fund, which has historically returned more than 10% pa on dollars.

“We are excited to announce the launch of the Invictus Wallet, a new and simplified concept that will make investing on the blockchain much easier,” says Invictus Capital CEO Daniel Schwartzkopff in a statement. “With an enormous potential in blockchain-driven investing, we would like to see the opportunity afforded not just to crypto and blockchain enthusiasts, but also to those who are less familiar with the crypto sphere and would like to get in.”

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