Wyre Resumes Operations

Wyre
Wyre Blog
Published in
1 min readJan 12, 2023

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Dear Wyre Community –

We are excited to share that we received financing from a strategic partner, which has enabled us to continue our normal course of operations. As a regulated financial institution, we are proud that we were able to continue delivering our services in a safe and sound manner without pausing withdrawals. We will resume accepting deposits and lift the 90% withdrawal limit effective immediately.

We have worked hard to build Wyre into a leading infrastructure provider that can help the entire ecosystem scale. This additional capital will help us continue to deliver on our mission to simplify and revolutionize the global financial ecosystem. We are exceptionally thankful for the outpouring of
support and positive sentiments we have received from partners, customers, and the broader crypto community.

We will continue to operate with transparency and with the best interests of our customers and partners at heart. Thank you for trusting us with your business. We will continue to put our customers first as we return to growth.

We are incredibly excited to build the future of global financial services with you.

Sincerely,
The Wyre Team

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The leading infrastructure provider in crypto. Powering teams from the start. We want to #buidl with you.