W Group Revolutionizes Banking with hashbank's Web2-Web3 Integration
W Group, a global fintech ecosystem, has launched hashbank's integrated Web2 and Web3 banking experience. This innovation brings traditional banking services and external crypto transfers together in one app, a rare integration in the banking industry. hashbank, a fully licensed universal digital bank, allows customers to receive digital assets from external wallets and platforms and send them to external blockchain addresses, supporting over 150 digital assets.
The bank's mobile experience combines fiat banking and crypto infrastructure, enabling customers to exchange digital assets for fiat currency and use the bank's services. This integration is protected by authentication, address verification, anti-money-laundering procedures, and blockchain analytics, creating a borderless banking model.
hashbank's position is further differentiated by its combination of broad external-wallet connectivity, direct integration with WhiteBIT, everyday and cross-border banking services, and access for both individuals and businesses. The bank has approximately 60,000 customers across 73 countries and holds a full banking license from the National Bank of Georgia, obtained in 2023.
Volodymyr Nosov, Founder and President of W Group, said, 'We are not building businesses that exist only in Web2 or only in Web3. The biggest opportunities will emerge between them. Our task is to build the infrastructure - bridge - that allows these worlds to work together.'