Customers who use the multicurrency wallet are presently receiving direct messages with advice on how to reactivate their accounts and Wyre log-in details. Once on the RockWallet platform, users will be able to transfer these details.

This announcement follows Wyre's June announcement on X that it was closing down operations, just after naming a new CEO.

"Wyre's groundbreaking developments in the crypto space attracted millions of users to its platform thanks to its robust mix of product and service offerings, but their unfortunate wind-down last summer left many searching for a suitable replacement," stated Steve Bailey, co-Founder, president, and COO of RockWallet.

He continued: "We are honored to have the opportunity fill that gap and connect with Wyre's former clients to earn their trust as we welcome them to continue their crypto journeys with RockWallet."

88 Partners managing partner Gregg Yorkison was selected to supervise Wyre's closure. He stated, "We've identified a company aligning with Wyre values and introducing innovative solutions—RockWallet—by assigning the customers to them." For Wyre users, this purchase represents a significant advancement, and we are eager to welcome them to our user-friendly platform to fulfill all of their digital asset requirements."